Describe significant long-term assets purchased or sold


Discussion Post

Review the Statement of Cash Flows for your chosen company and provide a brief description of what you discover for each of the items listed below.

Category: Operating Activities

• Net income versus total for operating activities: Report these values.
• What are the items of significance between net income and total for operating activities?
• Is the business providing cash flow from operations?

Category: Investing and Financing Activities

• Describe significant long-term assets (type and amount) purchased, sold, or retired during the current period as well as last year.

• 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

• Overall Cash Flow (total of three sections): Compare this year to last year.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Accounting Basics: Describe significant long-term assets purchased or sold
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