Question
Years Trend % 2016 2015 2014 2013 2016 2015 2014 2013 Net Income 6,329 5,452 6,513 6,470 63% 55% 65% 100% Operation Activities 10,404 10,580
|
| Years | Trend % | ||||||
| 2016 | 2015 | 2014 | 2013 | 2016 | 2015 | 2014 | 2013 | |
| Net Income | 6,329 | 5,452 | 6,513 | 6,470 | 63% | 55% | 65% | 100% |
| Operation Activities | 10,404 | 10,580 | 10,506 | 9,688 | 104% | 106% | 105% | 100% |
| Investing Activities | -7148 | -3569 | -4937 | -2625 | -72% | -34% | -49% | 100% |
| Financial Activities | -2942 | -3828 | -8264 | -3789 | -30% | -38% | -83% | 100% |
Compare trends in cash flow from operations with the trends in net income. What conclusions can you draw from this? Do trends in cash flows from investing and financing activities provide any clues about companys strategy? Write a one-page report. Be specific.
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Auditing and Accounting Cases Investigating Issues of Fraud and Professional Ethics
Authors: Jay Thibodeau, Deborah Freier
4th edition
78025567, 978-0078025563
