Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Review the Statement of Cash Flows for the company you selected in Week 3 for the previous 3 years. Please see sheet below Question: What

Review the Statement of Cash Flows for the company you selected in Week 3 for the previous 3 years. Please see sheet below

Question: image text in transcribedWhat is the largest adjustment to reconcile net income to net cash provided by operating activities

12 months ended Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017 Jan 30, 2016 Jan 31, 2015 3,281 2,937 2.934 2,737 3,363 (1.636) (12) (7) (6) (68) (42) 4,085 Net earnings (loss) (Earnings) losses from discontinued operations, net of tax Net earnings from continuing operations 3.269 2,930 2.929 0 2.669 0 3,321 2,449 C Depreciation and amortization 2,604 2,474 2.445 2,298 2,213 2,129 Share-based compensation expense 147 132 112 115 71 113 41 178 322 (192) (322) 7 Deferred income taxes Gain on sale 16201 Loss on debt ectinguishment 10 123 422 295 Noncash (gains) losses and other net 29 95 192 (21) (12) 40 Inventory 505 (900) (348) 293 13161 (512) Other assets 18 30 227 (115) (299) 1.127 (168) 1,307 140 (166) - 199 89 450 (350) 534 777 962 0 17 1.241 (193) 445 150 3,830 3,040 3,921 2,660 1,819 2,692 7,099 6,949 0 5,329 5.131 0 Accounts payable Accrued and other liabilities Changes in operating accounts Adjustments to reconcile net earnings (loss) to cash provided by operations Cash provided by operations 1 Expenditures for property and equipment Proceeds from disposal of property and equipment Proceeds from sale of businesses Cash paid for acquisitions, net of cash assumed 5,970 13,516) 5,140 (1,439) (3,027) 12.533) (1,547) (1,796 63 85 31 46 28 95 1 1,875 (519) (20) 15 28 24 106 Other investments Cash (required for provided by investing activities 20 (2,944) 155) (3,075) (3.416) (1.473) 489 (1.605) (80) Change in commercial paper, net Additions to long-term debt Reductions of long-term debt 1,739 739 1,977 1.993 (281) (2,069) (1.330) (2,180) (1338) (1,335) (2,641) (1348) (3,705) (2,079) (1,205) Dividends paid 41 Repurchase of stock (85) (1,362) (3,439) (1,565) 12.124) (1,046) Stock option exercises 73 96 108 221 369 373 (2.152) 13,644) 13.717) (5.497) (4,516) (999) 18 3 74 107 704 (692) 19 (321) Cash required for financing activities Cash provided by required for) operating activities, discontinued operations Cash (required for provided by investing activities, discontinued operations Cash provided by (required for) discontinued operations Net increase (decrease in cash and cash equivalents 18 74 107 723 (1,013) 1,021 (1,087) 131 0 (1.534) 1,836 1,515 1,556 2.643 2.512 4.046 2,210 695 Cash and cash equivalents at beginning of period 2,577 1.556 0 2,643 2,512 4,046 0 Cash and cash equivalents at end of nerind 2.210

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit Management And Supervision Wiley Ronald Institute Of Internal Auditors Professional Book Series

Authors: Gil W. Courtemanch, Guilbert W. Courtemanche

1st Edition

0471625655, 978-0471625650

More Books

Students also viewed these Accounting questions