Question: 1. Explain how depreciation generates actual cash flows for a firm.
2. See the annual report for the Dell Corporation by going to www.dell.com. Scroll to the bottom of the page, then click "About Dell," then "Investors," and finally the link "Annual Reports." Scan the list to determine which year you would like to review. Alternatively, select one of the other links (such as "Financial History") to learn additional financial information about Dell, Inc.