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Locate the Statement of Cash Flows for the year ending February 2, 2019. a. Does Macy's use the direct or indirect method to report operating

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Locate the Statement of Cash Flows for the year ending February 2, 2019. a. Does Macy's use the direct or indirect method to report operating activities? Indirect b. Justify your answer to part "a." It reports as Net Income and doesn't affect cash c. Identify the largest adjustment to net income in reconciling net income and net cash provided by operating activities for the fiscal year ending February 2, 2019 by providing the label for that adjustment, as it appears on the statement d. Identify the next two most significant differences between net income and net cash provided by operating activities for the fiscal year ending February 2, 2019 by providing the labels for those adjustments, as they appear on the statement e Identity the most significant item in the investing cash flows section for the fiscal year ending February 2, 2019 by providing the label for that item, as it appears on the statement. f. Is your answer to part "e" an inflow or outflow in the investing section and for what dollar amount? & Identity the most significant item in the financing cash flows section for the fiscal year ending February 2, 2019 by providing the label for that item, as it appears on the statement h Is your answer to part "g."an inflow or outflow in the financing section and for what dollar amount? MACY'S, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (millions) Cash flow from perigi Net Income Adjustments to recomme come to provided by peringati Restructuring innent, we closing and other costs Setlement charge Depre c iation Stock-based compensation expense Gaisale of real estate Amor financing onts and premium de (nere de inceles (reader is echandise inventories _ Decrease in pad e s and other current Incredere in merchandise pale (132) (18) (114 (129 (108 1976 (73) Increderea in defenc e Change in the sand liabilities no separately identified Netcash wided by g ivi Cashflows from Purchase of property and equipment Capital software D o perty and en Othernet Nachwed by investing activities Cash news from Detta Druidendid Inciden tending checks A ftryck 051) restre Inces 9 ORANG

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