1. Prepare the Cash Flow Statement for Dell Technologies Inc. for January 29^th 2021 using the Direct Method.

DELL TECHNOLOGIES INC.

CONSOLIDATED STATEMENTS OF INCOME (LOSS)

29^TH JANUARY 2021

(in millions)

Net Revenue 94,224

Cost of Net Revenue (64,807)

Gross Margin 29,417

Operating Expenses:

Selling, General & Admin 18,998

Depreciation Expense 5,275

Total Operating Expenses (24,273)

Operating Profit 5,144

Interest Expense (1,474)

Pretax Income 3,670

Income Tax Expense (165)

Net Profit 3,505

DELL TECHNOLOGIES INC.

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

(partial in millions)

29^TH JANUARY 2021 31^ST JANUARY 2020

ASSETS:

Cash and cash equivalents 12,791 9,302

Accounts Receivables 12,788 12,484

Inventory 3,402 3,281

Property, Plant and Equipment 6,431 6,055

Goodwill 40,829 41,691

LIABILITIES:

Accounts Payable 21,696 20,065

Accrued Liabilities 9,549 9,773

Long-term Debt 41,622 44,319

ADDITIONAL INFORMATION:

• Purchase of Investments 338
• Proceeds from the Issuance of Common Stock 452
• Repurchase of Common Stock 1,604
• Sale of Investments 169
• Acquisition of Business and Assets 424
• Proceeds from Debt 16,391
• Repayment of Debt 20,919