Refer to the financial statements of Urban Outfitters given in Appendix C at the end of this

Question:

Refer to the of Urban Outfitters given in Appendix C at the end of this book.
Required:
1. Does Urban Outfitters use the direct or indirect method to report cash flows from operating activities?
2. What amount of tax payments did the company make during the most recent reporting year?
3. Explain why the “share-based compensation” and “depreciation and amortization” items were added in the reconciliation of net income to net cash provided by operating activities.
4. Has the company paid cash dividends during the last three years? How do you know?
5. What was for the year ended January 31, 2009?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...