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Acct 4A - Chapter 14 Homework (No DSM) This is the one homework problem for Chapter 14. Download Dicks-2019-Annual-Report from Module 14 in your
Acct 4A - Chapter 14 Homework (No DSM) This is the one homework problem for Chapter 14. Download Dicks-2019-Annual-Report from Module 14 in your Canvas course and go to the Statement of Cash Flows (p. 27). Use this statement to answer the following questions, then go to the Chapter 14 Homework in Pearson MyLab to enter the answers to these questions. 1. Does the statement use the direct or indirect method for operating activities? (answer with an upper-case D or I) 2. Enter the appropriate upper-case letter shown below that best describes Dick's most recent Operating Activities. A. Positive cash flow but significantly less than in the last two years B. Positive cash flow but significantly more than in the last two years C. Negative cash flow but significantly less negative than in the last two years D. Negative cash flow but significantly more negative than in the last two years 3. Would the appropriate designation for the most current year's investing activities represent significant cash inflows (I), significant cash outflows (O), or be not significant (N)? (answer with I, O, or N) 4. Combine the debt financing activities for the most current year and enter this net amount using mostly the same format as the statement (in thousands with no dollar sign) but use a minus sign (-) for any negative amount instead of parentheses. 5. Regarding the equity financing activities for the most current year, what amount of cash was used to acquire treasury stock and pay dividends? Enter the net amount of these two combined using mostly the same format as the statement (in thousands with no dollar sign) but use a minus sign (-) for any negative amount instead of parentheses.
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