The consolidated balance sheets for the companies
The consolidated balance sheets for the companies in Appendices A, B, C, and D can be used to answer the questions below. Please note substantive responses do not
repeat the same information for the same corporation previously posted by another student.
Appendix A – Apple, Inc.
Appendix B – Columbia Sportswear Company
Appendix C – VF Corporation
Appendix D- Amazon Corporation
Appendix E – Wal-Mart Stores, Inc.
Another option is to access the most current annual report on the Internet for your current or former employer organization. If your employer organization is not a
publicly traded company, you have the option to access the annual report for another publicly traded company. The annual reports are usually located in the Investors
Relations or Company Information sections of a company’s website. Use the audited financial statements in the annual report instead of the unaudited financial
statements that appear on Yahoo, Morningstar and other sites. The audited financial statements usually appear at the end of the report. Look for the independent
auditor’s report and Notes to the Consolidated Financial Statements. The audited financial statements are with these two documents.
The response will include the name of the company, the date of the annual report you accessed and the website address for the balance sheet that appears in the annual
report. If applicable, identify the parent company and subsidiary companies.
Answer the following questions based on the company’s statement of cash flows. What is the dollar amount for the net cash provided by operating activities?
Does the format of the operating activities section indicate that the indirect or direct method was used to prepare this section of the statement of cash flows? The
statement of cash flows will not identify the method. Refer to Illustrations 12-13 (indirect method) and Illustration (Appendix A) 12A-16 (direct method). Include an
explanation in your response as to why the format for the selected company’s statement of cash flows was prepared using the indirect method or direct method.
What are at least 2 line items and dollar amounts that appear in the investing activities section?
What are at least 2 equity or debt financing activities (line items and dollar amounts) that appear in the financing activities section report?
Reference
Kimmel, P. D. (2015). Financial accounting: Tools for business decision making. Retrieved from VitalSource Bookshelf.
