Go to Connect online for the financial statements of Cadbury plc and to Appendix A of this
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Go to Connect online for the financial statements of Cadbury plc and to Appendix A of this textbook for the financial statements of the Nestlé Group.
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1. Examine the statements of cash flows for both companies. What are the primary sources of cash flows for both companies?
2. Two financial ratios (the financial leverage ratio and the times interest earned ratio) are discussed in this chapter. Compute these ratios for both companies for the most recent year. Are they relevant for these companies? Explain.
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Financial Accounting
ISBN: 9780070001497
4th Canadian Edition
Authors: Patricia A. Libby, Daniel Short, George Kanaan, Maureen Libby Gowing, Robert Libby
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