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a. Did the company have a net income or net loss for the year? How much? (Treat cash equivalents as if they were cash.) (Enter

a. Did the company have a net income or net loss for the year? How much? (Treat cash equivalents as if they were cash.) (Enter your answer in millions.)

b-1. What were the cash balances at the beginning and end of the year? (Enter your answers in millions.)

b-2. What were the three largest causes of the cash decrease during the year?

  • Cash dividends
  • Purchase of investments
  • Long-term borrowings
  • Repayment of long-term debts
  • Repurchase of common stock
  • Sale of property and equipment
  • Capital expenditure

c-1. What are the two largest assets included in the companys balance sheet at the end of the year?

  • Goodwill
  • Property & Equipment
  • Merchandise Inventories
  • Cash and Cash Equivalents

c-2. What are the two largest liabilities included in the companys balance sheet at the end of the year?

  • Accounts payable
  • Other accrued expenses
  • Long-term debt
  • Income taxes payable

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