Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How would you respond to the post made by Shelbie about the clash flow she summarized from the company Disney? What do you agree or

How would you respond to the post made by Shelbie about the clash flow she summarized from the company Disney? What do you agree or disagree with about her post? what opinions and information would you like to add in your response about the post she made? response should be 150 words.

I am going to piggyback off the topic I chose from the last discussion and I chose Disney. The cash flows for operating, investing, and financing activities are 5,984,000. -4,118,000, -464,000. Disney is only generating a positive cash flow in the operating activity. At the beginning of the period there was a cash flow of 4,155,000 and at the end of the period there was a cash flow of 5,455,000 and that shows that there was a positive cash flow. In the annual report it shows that the operating activities was the only positive activity throughout the five years that it shows. Investing and financing activities have been negative the pat five years.

Response:

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

Auditor Squad

Authors: IndigoPine Designs

1st Edition

B084Q9WM6S, 979-8609911131

More Books

Students also viewed these Accounting questions

Question

1-4 How will MIS help my career?

Answered: 1 week ago