As a team, select an industry to analyze and select a company that interests you. Find its
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As a team, select an industry to analyze and select a company that interests you. Find its annual report online. Answer the following questions about the company you chose.
Required
1. Refer to the Annual Report and describe the company’s policies of internal control over financial reporting.
2. Did cash increase or decrease from the previous year?
3. Review how cash was used. Which class of activities was responsible for the greatest increase in cash flow from the previous year to the current year? Which class of activities was responsible for the greatest decrease in cash flow from the previous year to the current year?
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Related Book For
College Accounting A Practical Approach
ISBN: 9780135222416
14th Canadian Edition
Authors: Jeffrey Slater, Debra Good
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