How those rules can be manipulated

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Question: For the Disney statement, where is their cash coming from and where are they spending the cash? (What are the major uses of cash outside of operations.)

When answering the questions being asked, please be sure that you focus on interpreting the information, as that is the real assignment here. Don't just list what is happening; give those details as your answer. Use those details to support your interpretation; I think you will learn more about the topics at hand! In addition, always be sure you are relating these back to the company's financial position, any GAAP rules that apply to the situation, how those rules can be manipulated, or a combination of all three! Doing either or all of those (whichever applies to the question at hand) will show me you have gained at least a basic understanding of financial accounting!

Reference no: EM133496229

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