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provide-a brief description for each of the items listed below. For Best Buy Sec-10K Category: Operating Activities Net income versus total for operating activities: Report

provide-a brief description for each of the items listed below. For Best Buy Sec-10K

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 (typeand 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

Category: Operating Activities

1.Describe where Net Income is shown on the Statement of Cash Flows and state the amount. Refer back to the Income Statement to verify the amounts reported for Net Income are equal.

2.What amount(s) is reported for depreciation and or amortization?

3.Are any gains or losses reported on the Statement of Cash Flows?If so, provide a summary of transaction(s) that resulted in the gains and or losses. [Hint: you may need to review the Notes to Financial Statements to learn which transactions resulted in gains/losses].

Category: Investing and Financing Activities-

Review the statement of cash flows, and answer the following questions based on information reported within the "Cash Flows From Investing Activities" and "Cash Flows From Financing Activities" sections of the statement of cash flows.

1. Discuss any investment(s) (typeand amount) purchased, sold, or retired during the current period?

2.Describe financing activities used by your corporation to increase cash (or other assets).

3.Discuss financing activities that reduced cash.

Category:Analysis

1.Which of the activities (operating, investing, or financing activities) is the primary source of cash flows for the corporation?Is this a financially healthy way for the corporation to provide its cash inflow needs?

Reference

http://s2.q4cdn.com/785564492/files/doc_downloads/SEC_replacements/Best-Buy-Fiscal-2020-Form-10-K.pdf#page36

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