Asking for some help. I'm probably somewhere in the middle between neophyte and expert when it comes to reading financial reports. I'm trying to take away something from RYL's 6-30-08 Cash Flow Statement. A significant line on that statement is 'Adjustments To Net Income', but I haven't a clue as to what the nature of such adjustments would likely be in the HB sector. Can anyone educate me about this?
As long as you're at it, if possible, please point out any other significant entries/lines that are not immediately apparent to a non-accountant (i.e., where the bookkeeper is hiding the reality of their situation).