Each member of the team should obtain the annual report of a different company. Select companies in

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Each member of the team should obtain the annual report of a different company. Select companies in different industries. Evaluate each company’s trend of cash flows for the most recent two years. In your evaluation of the companies’ cash flows, you may use any other information that is publicly available: for example, the other financial statements (income statement, balance sheet, statement of stockholders’ equity, and the related notes) and news stories from magazines and newspapers. Rank the companies’ cash flows from best to worst, and write a ­two- page report on your findings.

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...
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Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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