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2. **Create an FSA ID**: If you are a first-time user, you'll need to create a Federal Student Aid (FSA) ID. This is your electronic signature. This is used to sign your FAFSA. Both you and your parents (if you're a dependent student) need an FSA ID.
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Finally, we will examine the **cash flow statement**. This statement tracks the movement of cash into and out of the company over a specific period. It's like following the money trail. The statement is divided into three main sections: **cash flow from operating activities, cash flow from investing activities, and cash flow from financing activities**. This helps us understand how the company generates and uses its cash. We'll dig into the details and find out if it's healthy. **Cash flow from operating activities** shows cash generated from the company's core business activities. This includes cash from sales, payments to suppliers, and payments to employees. We'll determine if IAIR Canada is generating enough cash from its operations. Consistent positive cash flow from operations is a good sign. Negative cash flow could signal problems. We want to evaluate the company's ability to generate cash from its core business activities.
