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23. Cash Flow Identity. Graffiti Advertising, Inc., reported the following financial statements for the last two years. Construct the cash flow identity for the company. Explain what each number means. GRAFFITI ADVERTISING, INC. Balance Sheot as of December 31, 2013 GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2014 .

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23. Cash Flow Identity. Graffiti Advertising, Inc., reported the following financial statements for the last two years. Construct the cash flow identity for the company. Explain what each number means. GRAFFITI ADVERTISING, INC. Balance Sheot as of December 31, 2013 GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2014

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