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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
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$ 6,757.6Step by Step Solution
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