53
•
The
company
should
eliminate
nonrecurring
items
such
as
accounting
changes,
discontinued
operation
as
well
extraordinary
items
while
evaluating
the
quality
of the company’s statement of cash flow. The reason is because the non recurring
items might affect the total income
and the company’s ability in generating the
cash flow.
•
The
company
should
be
able
to
have
operating
cash
flows
ratio
and
interest
coverage ratio greater than 1.
Nest,
the
researcher
had
prepared
the
next
chapter
3
in
order
to
help
the
reader
to
have a full understanding of how statement of cash flows of Non State Owned
Enterprises being evaluated. Hence the
government
prepared
the
corporate
background, industry outlook and research design in order to help the reader.
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