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Hi, My stock company is CVS Health Corporation. Here is my link for the CVS's financial statements: http://www.nasdaq.com/symbol/cvs/financials?query=income-statement Thanks 1. Find a set of the
Hi, My stock company is CVS Health Corporation. Here is my link for the CVS's financial statements:
http://www.nasdaq.com/symbol/cvs/financials?query=income-statement
Thanks
1. Find a set of the firm's most recent financial statements. Print the Balance sheet, Income statement, and Statement of Cash Flows and attach. 2. Describe what your company does 3. Re-produce a copy of the most recent income statement using Excel (attach) 4. By looking at the Income Statement, did the firm have a gain or a loss? What drove this? 5. By reviewing the Statement of Cash Flows, comment on three key activities from 1) Operations, 2) Investing, and 3) Financing. Do not simply state a change in numbers period over period. Your observations must be meaningful. Possible responses look like this o Net Income for year end 2016 was negative (-$13 mm), driven in part by a dramatic increase in inventories (+$15 mm) and increase in costs (COGS) ($76 mm). o As noted in the Investing section, the Firm made a significant increase in fixed assets compared to prior periods Net Fixed assets (in thousands): 12/2016: $477,000 12/2015: 25,000 o The firm issued new debt, resulting in a positive cash flow of $165 mm 1. Find a set of the firm's most recent financial statements. Print the Balance sheet, Income statement, and Statement of Cash Flows and attach. 2. Describe what your company does 3. Re-produce a copy of the most recent income statement using Excel (attach) 4. By looking at the Income Statement, did the firm have a gain or a loss? What drove this? 5. By reviewing the Statement of Cash Flows, comment on three key activities from 1) Operations, 2) Investing, and 3) Financing. Do not simply state a change in numbers period over period. Your observations must be meaningful. Possible responses look like this o Net Income for year end 2016 was negative (-$13 mm), driven in part by a dramatic increase in inventories (+$15 mm) and increase in costs (COGS) ($76 mm). o As noted in the Investing section, the Firm made a significant increase in fixed assets compared to prior periods Net Fixed assets (in thousands): 12/2016: $477,000 12/2015: 25,000 o The firm issued new debt, resulting in a positive cash flow of $165 mmStep by Step Solution
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