I need 27-29 answered

25 and 26 should be answered based off the cash flow sheet. I put the wrong numbers down

MACY'S, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (millions) 2029 2019 2018 (3,944) 5 561 $ 1,098 Cash flows from operating activities Net income (los) Adjustments to reconcile net income (loss) to nct cach provided by operating activities: Restructuring, impairment, store closing and other costs Settlement charges Depreciation and amortization Benefit plans Stock-based compensation expense Gains on sale of real estate Deferred income taxes Amortization of financing costs and premium on acquired debt Changes in assets and liabilities: (Increase) decrease in receivables (Increase decrease in merchandise inventories Decrease in prepaid expenses and other current stets Increase in merchandise accounts payable 73 7114 3,579 84 959 47 31 (60) (327) 354 58 981 31 38 (162) (6) 136 88 962 30 63 (389) 112 18 (15) 132 1,406 SI 237 (9) 75 89 40 (61) (87 21 55 0 end w E C O G H K M (259) (617) (188 6.19 (257) (60) (132 1.608 14 (136) (156) 1.735 (338) (128) 113 28 (325) (902) (255) 185 (30) (1,002) (657) (275) 474 (456) lowight/d//content/684 viewontent/WWW nr t rcym accours payane and accruca liabilities Decrease in current income taxes Change in other assets and liabilities Net cash provided by operating activities Cash flows from investing activities Purchase of property and equipment Capitalized software Disposition of property and equipment Othernet Net cash used by investing activities Cash flows from financing activities Debt issued Deht issuance costs Debt repaid Dividends paid Increase (decrease in outstanding cheeks Acquisition of treasury stock Issuance of common stock Proceeds from noncontrolling interest Net cash provided (used) by financing activities Net increase (decrease in cash, cash equivalents and restricted cash Cash cash equivalents and restricted cash beginning of period Cash, cash equivalents and restricted cash end of period 2.780 (95) (2,019) (117) 181 (1) (3) (597) (466) (62) (1) 6 (1.149) (463) 16 699 1,023 731 1.7545 0.123) (517) 1.248 7315 45 7 (1.546 (265) 1.513 1.248 5 73 / 1143 hp U B N M (1.149) (463) 16 right.edu/d/e/content/605645/viewContent/3763656/VW Cash flow from financing activities: Debt issued 2,780 Debt issuance costs (95) (3) Debt repaid (2,019) (597) Dividends paid (117) (466) Increase (decrease in outstanding checks 181 (62) Acquisition of treasury stock (1) (1) Issuance of common stock 6 Proceeds from noncontrolling interest Net cash provided (used) by financing activities 699 (1.123) Net inctcase (decrease) in cash cash equivalents and restricted cash 1,023 (517) Cash, cash equivalents and restricted cash beginning of period 731 1.248 Cash.cash equivalents and restricted cash end of period $ 1,754 5 731 5 Supplemental cash flow information Interest paid s 257 242 Interest received 5 20 Income taxes paid (net of refund recived) 98 229 Restricted cash, end of period The accompanying totes are an integral part of these Consolidated Financial Statements. 15 7 1 544) (265) 1.513 1.248 S 328 25 345 86 F-10 + 73 114 w hp r G H B M CH Statement of Cash Flows (Consolidated Statement of Cash Flows): 25) Which activity (operating, investing, or financing) provided the most cash flow in 2020? What was the amount? 26) Which activity (operating, investing, or financing) used the most cash flow in 2020? What was the amount? Note 1 (Organization and summary of Significant Accounting Policies): 27) What inventory valuation method does the company use (full description)? Note: This will not be exactly like the methods we learned in class. 28) What depreciation method is used for its Property and Equipment? 29) When does the company recognize revenue from sales of their goods and services? Conclusion: 30) Based only on the information from this financial statement project, what is your opinion of the financial strength of the company? Why? w hp R T T F G B M