Question
Identify the single largest adjustment (in absolute value) to reconcile net income to operating cash flow in the most recent year of your base companys
Identify the single largest adjustment (in absolute value) to reconcile net income to operating cash flow in the most recent year of your base companys statement of cash flows (contact me if they did not use the indirect method; also contact me if the identified item reflects something we havent discussed in class before). Describe how and why the item arises that is, broadly describe how it creates a disconnect between income and cash flows for your company. Then, assess the risk (low/medium/high) that this item adversely affects your base companys earnings quality in the most recent year. Justify your answer.
lululemon athletica inc. suluiemon atniecica inc. CDNSDLIDATED STATENENTS OF CASH FLOWS Mrepsote in fmnucintri lululemon athletica inc. suluiemon atniecica inc. CDNSDLIDATED STATENENTS OF CASH FLOWS Mrepsote in fmnucintriStep by Step Solution
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