Pick a large company you like. Find their Statement of Cash Flows on their latest annual report, (not a summary, but the actual financial statement).

• Describe the three sections of cash flows and what they involve.
• For each section, tell us the total amount, if it is positive or negative, and analyze what each one tells you about the company.
• Upon studying its statement of cash flows, what does this combination of cash flows suggest to you about the firm?
• Is there any additional information that you would like to see to better understand this company? If so, what?