Question
The following data below relate to the statement of cash flows accounts of Amazon and Wal-Mart Stores, Inc. (All amounts in millions) Amazon Wal-Mart Net
The following data below relate to the statement of cash flows accounts of Amazon and Wal-Mart Stores, Inc. (All amounts in millions)
|
| Amazon | Wal-Mart |
| Net cash provided by operating activities | $3,903 | $24,255 |
| Cash spent for capital assets | $1,811 | $13,510 |
| Cash dividends | $0 | $5,048 |
Instructions
- Based on the information contained in these data, compute free cash flow for each company.
- What conclusions concerning the management of cash can be drawn from these data?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Auditing Explained A Practical Guide For Managers
Authors: John Dunn
1st Edition
0749405619, 978-0749405618
