Question

Access the 2010 annual report for Callaway Golf Company by clicking on the Investor Relations and Annual Reports links at www.callawaygolf.com.
Required
a. Examine the company's statement of cash flows and calculate the company's free cash flows in each of the last three years.
b. Identify the year in which the change in cash was positive and identify the company action that enabled it to increase its cash position.
c. Based on your answers above, write a paragraph describing Callaway's cash position over the past three years.


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  • CreatedJuly 16, 2015
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