1)Our Chapter 2 discussion will focus on the statement of cash flows.

Discuss why the statement of cash flows represents an important tool for the financial statement user. Why is balance important between different financing decisions (e.g. stock issuance versus debt issuance)

2)

Go to Yahoo Finance

• Note the changes in the Dow Jones Industrial Average, the Nasdaq, and the S&P 500 Index. Write a brief comment on whether they all moved in the same direction or not.
• On the top of the page, you will see a search bar. Put in the symbol for Nike (NKE).
• Note the last trade value, the change, the previous close, the 52-week range, the P/E ratio, and the dividend yield. All of these terms will take on greater meaning as you progress throughout the semester.
• On the left, you will see a link labeled Chart. Click on this link, then click on 5y to show a 5-year chart for the stock. Describe when the stock hit its approximate low point (date and value). Based on the overall appearance of the chart does the stock appear to have upward or downward momentum?
• Click "comparison" on the left just above the chart. Type the name or symbol of Crocs (CROX). How do the two compare?
• Yahoo is just one source for such information, other sites, for example, Google Finance or Morningstar offer similar capabilities. You might want to become familiar with all of the free resources.

After you have done this research, post your thoughts on this discussion board. Please also review the posts of others and comment.

Note: The "Class Discussion" portion of our course will reside each week on this Moodle website. Initial postings are due by Tuesday of each week. Grading guidelines for these discussions can be found here.

Your contributions to the Discussion Board will be evaluated by assessing the quality of your contributions, the degree of insight, contribution to knowledge, and by the Professor inspecting the frequency of each participants postings and reading of the overall discussion (2-3 times per week is adequate).