ACCT 221 6382 Principles of Accounting II .please see atchment. please upload new attachment. due 1130 pm east

https://www.sec.gov/Archives/edgar/data/77476/000007747617000010/pepsico201610-k.htm Use your company link above Locate the Statements of Cash Flows in your company's 10-K, and answer the questions below for the most recent two years: Category: Cash Flows from/for Operating Activities 1. Net income versus total for operating activities: report these values. 2. Two to three most significant (i.e., largest) reconciling items between net income and total cash from/for operating activities for the two most recent years? Category: Cash Flows from/for Investing and Financing Activities 1. Identify two to three most significant (i.e., largest) reconciling items reported in the investing activities section of the statement of cash flows for the two most recent years. 2. Identify the two to three most significant (i.e., largest) financing activities used by your corporation to increase cash (or other assets) reported in the financing activities section of the statement of cash flows for the two most recent years. Category: Analysis 1. Identify the net increase/decrease in cash and cash equivalents for the two most recent years. 2. Compute Free Cash Flows (show your computations) for the two most recent years. Free Cash Flows can be computed in several ways, but we will use this formula in our class: Free Cash Flows = Cash flows from operating activities Additions to property, plant and equipment Dividends to shareholders Additions to property, plant and equipment can be found in the investing activities section. Some companies call it Capital expenditures, Investments in property and equipment, or something similar. Dividends to shareholders can be found in the financing activities section. Some companies call it Dividends paid or something similar. Please include the name of your company in the subject line and the link to your company's 10K in your posting. Example: Johnson & Johnson (J&J) Use this example as a guide for answering these discussion questions for your company. For this example, please refer to the J&J's Consolidated Statements of Cash Flows on page 24 of its 2014 10-K. Cash Flows from/for Operating Activities Net earnings 2014 2013 $16,323 $13,831 18,471 17,414 Net cash flows from operating activities Note the positive amount of Net cash flows from operating activities, which is a good sign and shows that J&J is generating cash flows from selling their products. Identify three significant operating activities for your company. Please note that you do not need to identify the exact same three items that I identified for J&J, and you should use the titles/phrases used by your company and not the ones used by J&J. 2014 2013 Depreciation and amortization of property and intangibles $3,895 $4,104 Net gain on sale of assets/businesses (2,383) (113) Increase in inventories (1,120) (622) Cash Flows from/for Investing and Financing Activities Identify three significant investing and financing activities. Please note that you do not need to identify the exact same three items that I identified for J&J, and you should use the titles used by your company and not the ones used by J&J. For example, if your company uses the phrase Capital Expenditures instead of Additions to property, plant and equipment, then you should also use the phrase Capital Expenditures. Three significant investing activities Additions to property, plant and equipment 2014 2013 ($3,714) ($3,595) Three significant investing activities Purchases of investments Sales of investments Three significant financing activities 2014 2013 (34,913) (18,923) 24,119 18,058 2014 2013 ($7,768) ($7,286) Repurchase of common stock (7,124) (3,538) Proceeds from long-term debt 2,098 3,607 Dividends to shareholders Analysis (Decrease)/Increase in cash and cash equivalents Free Cash Flows 2014 2013 ($6,404 ) $6,016 6,989 6,533 calculations amounts given Cash flows from operating activities Additions to property, plant and equipment Dividends to shareholders 2014: 18,471 3,714 7,768 2013: 17,414 3,595 7,286