Discussion Prompt

Choose one of the following three corporations:

1.General Mills, Inc.;

2.McDonalds Corporation; or

3.The Gap, Inc.

Find the corporation's most recent annual report online and use it to answer the following questions regarding the company's cash flow statement:

Which method of computing net cash provided by operating activities does the company use?

What amount of cash was provided by operating activities?

What was the most significant item in the cash flows used for investing activities section?

What was the most significant item in the cash flows used for the financing activities section?

Where is depreciation reported in the company's statement of cash flows? Why is depreciation added to income in the statement of cash flows?