Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate John Deere's Change in Cash from Operating Activities assuming that during 2019, it has $1,560 annual depreciation expense. Also, please explain the meaning of

image text in transcribed

Calculate John Deere's Change in Cash from Operating Activities assuming that during 2019, it has $1,560 annual depreciation expense. Also, please explain the meaning of Change in Cash from Operating Activities that you calculated for John Deere's investors.

Use the following balance sheets and income statement for this question John Deere Co John Deere Co 2019 2018 Net Sa id Revenues 2019 2018 $ 4,335.8 $4,162.2 Net Sales 26,644.0 28,862.8 Cash and cash equivalents Marketable securities $ 453.5 $ 437.4 Cost of sales 18,248.9 20,143.2 Account receivables $ 1,389.1 S Research and dev 27,893.4 expenses 1,425.1 26,730.1 Other receivables $ 1,018.5 $ 991.2 Selling expenses 2,763.7 2,873.3 Inventories $ 3,340.5 $ 3,817.0 Interest expense 763.7 680.0 Prepaid expenses $ 5,126.5 $4,834.6 Non-operating expenses 1,254.6 961.1 Property & equipment - 24,420.0 26,082.7 $ 11,304.7 $ Total 10,455.4 net Goodwill $ 815.7 2,224.0 $ 726,0 Income before Income Taxes 2,780.1 Intangible assets - net $ 4,856.1 $ 4,630.4 Provision for income 700.1 840.1 taxes Total Assets S $ Income of Consolidated 57,947.6 Group 1,523.9 1,940.0 57,981.4 LIABILITIES Short-term borrowings $ 6,912.2 $ 8,426.6 Account payables $ 5,084.1 $ 4,670.6 Accrued expenses $ 7,240.1 $ 7,311.5 Deferred revenues $ 166,0 $ 160.8 Long-term borrowings $ 23,773.7 S 23.832.8 Other liabilities $8,274.5 S 6,787.7 Total liabilities 51.450.6 $ 51,190.0 STOCKHOLDERS EQUITY Common stock $ 3,911.8 $ 3,825.6 (15,677.1) (15,497.6) Treasury stock Retained earnings 23,922.1 S 23.159.0 Comprehensive income/loss (5,626.0) (4,729.4) Total stockholders equity S 6,530.8$ 6,757.6

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managing IoT Systems For Institutions And Cities Internal Audit And IT Audit

Authors: Chuck Benson

1st Edition

1138590487, 978-1138590489

More Books

Students also viewed these Accounting questions