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Determine and prepare the statement of cash flows

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Reference no: EM132472352

Using the internet find an annual report for a public corporation and answer the following questions:

Question 1: Identify the name of the company you have chosen.

Question 2: Review the income statement, statement of comprehensive income and the statement of cash flow.

Question 3: Compare the net income(loss) of the company for the three years presented.

Question 4: Did the company's profitability improve or decline over the three year period?

Question 5: What factors led to your decision?

Looking again at the statement of comprehensive income;

Question 6: What types of unrealized holding gains/losses are included on the statement of comprehensive income?

Looking again at the statement of cash flows;

Question 7: What method was used to prepare the statement of cash flows (direct or indirect method)?

Question 8: Choose one of the years, indicate whether there was an overall increase or decrease in Cash.

Question 9: Also, indicate what type of activities had the biggest impact on the overall increase or decrease in the Cash account.

Reference no: EM132472352

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