Obtain John Deere's 2011 annual report either through the "Investor Relations" portion of their website (do a web search for John Deere investor relations) or go to www.sec.gov and click "Search for Company Filings" under "Filings & Forms."

Amounts in the annual report are given in millions, but in this item, enter amounts in their full form. For example, 15.1 would be entered as 15,100,000.

Required:

1. What method of computing net cash flow from operating activities did John Deere use? (indirect or direct) ________________

2. What was the amount of net cash provided by operating activities for the 2 most current years?

2011_______________
2010________________

3. What amount did the company pay for interest during the most current year? For taxes during the most current year? (Hint: You may need to refer to the notes to the financial statements.)

Cash paid for interest: ________________
Cash paid for income taxes: ________________

THINK ABOUT IT: Why was the provision for depreciation and amortization added to net income to compute the net cash provided by operating activities?

6. What was the amount of cash dividends paid by John Deere for the most current year? $ _________________

7. Are the time commitments of inflows and outflows well matched by John Deere? (yes/no) _________________

8. Are debt and equity likely to be available as inflows of cash in the near future? (yes/no) _________________