A

B

$f_x$

Question $1$: Cash Flow Statement Analysis

C

D

E

F

G

$2$

$3$ Nike had the following statement of cash flow for the year ended May $31,2023.$

$5$

$6$

$7$

$8$

$9$

$10$

$11$

$12$

$13$

$14$

$15$

$16$

$17$

$18$

$19$

$20$

$21$

$22$

$23$

$24$

$25$

$26$

$27$

$28$

$29$

$30$

$31$

$32$

$33$

$34$

$35$

$36$

$37$

Required:

Explain the company's cash flow pattern by identifying the direction $($positive or negative$)$ of its cash flows in the three categories: operating, investing, and financing