Canadian Tire Corporation, Limited's cash flow statement for the years ended December 28, 2013, and December 29,

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Canadian Tire Corporation, Limited's cash flow statement for the years ended December 28, 2013, and December 29, 2012, is reproduced below:
Canadian Tire Corporation, Limited's cash flow statement for the years

Adapted from the Canadian Tire Annual Report 2013. Reprinted with permission.
Required
1. Which format did Canadian Tire Corporation, Limited use for reporting cash flows from operating activities?
2. What was Canadian Tire's largest source of cash during the year ended December 28, 2013? During the previous year December 29, 2012?
3. What was Canadian Tire's largest use of cash during the year ended December 28, 2013? During the year ended December 29, 2012?
4. Which section-operating, investing, or financing-did Canadian Tire have the largest source of cash shown for 2013 and 2012? Comment on your findings.
5. During the year ended December 28, 2013, Canadian Tire has a large negative cash flow from investing activities. Does this mean Canadian Tire is expanding, downsizing, or remaining stable?
6. Why are Canadian Tire's year ends shown as December 28, 2013, and December 29, 2012?

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Horngrens Accounting

ISBN: 978-0133855388

10th Canadian edition Volume 2

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood

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