I'm having trouble understanding what the Prof. wants exactly. Below are the discussion requirements, and a link to the SEC 10-K report for the company that I'm studying.

Discussion Requirements

Review the Statement of Cash Flows for your chosen company and provide a brief description of what you discover for each of the items listed below.

Category: Operating Activities

1. Net income versus total for operating activities: Report these values.
2. What are the items of significance between net income and total for operating activities?
3. Is the business providing cash flow from operations?

Category: Investing and Financing Activities

1. Describe significant long-term assets (type & amount) purchased, sold, or retired during the current period as well as last year.
2. Describe significant financing activities used by the corporation to increase cash (or other assets): These would be related to long-term liabilities and stockholders' equity.

Category: Analysis

1. Overall Cash Flow (total ofthreesections): Compare this year to last year.

Nike, Inc. SEC 10-K link: https://www.sec.gov/Archives/edgar/data/320187/000032018718000142/nke-5312018x10k.htm

I can find the values that I need, I just don't understand how to analyze their significance. Your help is greatly appreciated. Thank you.