Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

s the statement of cash flows prepared using the direct or indirect method? Type a Dori. What is cash flow from operating activities (from continuing

image text in transcribed
image text in transcribed
s the statement of cash flows prepared using the direct or indirect method? Type a Dori. What is cash flow from operating activities (from continuing operations)? Just use the se parentheses around the number if it is a cash outflow.(Add zeros. Use commas, but not dollar signs.) For the Years Ended January 30, February 1. February 2 (In thousands) 2021 2020 2010 Operating activities: Net (los) income ${209,274) 5 191,257 $ 261,902 Adjustments to reconcile net (lowe) income to net cash provided by operating activities Depreciation and amortization 165,580 181,379 170,504 Share-based compensation 32.778 23,038 27,506 Deferred income taxes (34,890) 6,541 (4,201) Loss on impairment of assets 249.163 66,252 546 Changes in assets and liabilities: Merchandise inventory 12.156 (21,615) (28,496) Operating lease assets 226,376 261,303 Operating lesse liabilities (238,810) (271,519) Other assos 107,317) (32,845) (22.206) Accounts payable (30,909) 44,99 4,329 Accrued compensation and payroll taxes 95,116 (38.603) 28.013 Accrued and other liabilities 12.529 5.279 18.908 Net cash provided by operating activities 202.498 415,416 456,645 Investing activities: Capital expenditures for property and equipment (127,975) (210,380) (189,021) Purchase of available-for-sale investments (14,956) (85,000) (202,912) Sale of avilable for sale investments 69.956 122,135 109.776 Other investing activities (970) (1.669) (672) Net cash used for investing activities (73,945) (174,804) (282,829) Financing activities Repurchase of common stock as part of publicly announced programs (20.000) (112,381) (144,405) Repurchase of common stock Irom employees (5.413) (8,087) (19,668) Proceeds from revolving line of credit and convertible notes 736, 108 Principal payments on revolving line of credit (330,000) Net proceeds from stock options exercined 3,265 2,119 15.495 Cash dividend paid (22,854) (99,783) (97,123) Other financing activities (1.190) (94) (8.802) Net cash provided by used for) financing activities 359,007 (211,226) (252,503) Elfect of exchange rates on Couth B7 (606) (1.506) Net change in cash and cash equivalents 488,547 28,600 (80,283) Cash and cath equivalents begining of period $361,030 $333,330 5413,613 Can and cash equivalent and of period 850,47 361,030 333,330 Rotor to Notos to Corisolidated Financial Statements

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

Step: 3

blur-text-image

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

Auditing And Assurance Services A Systematic Approach

Authors: William Messier, Steven Glover, Douglas Prawitt

12th Edition

1264100671, 978-1264100675

More Books

Students also viewed these Accounting questions

Question

the direct materials farchases budpet for the vear 1,800 dlrt

Answered: 1 week ago