In their recent annual reports, Walgreens and CVS reported the following account balances: Required For both companies,

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In their recent annual reports, Walgreens and CVS reported the following account balances:

Required
For both companies, calculate and interpret (a) horizontal and vertical analyses of cash balance and (b) free cash flow. How do the cash positions compare? Round percentages to one decimal point (i.e., 9.4%).

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Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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Question Posted: Jul 16, 2015 02:20 AM

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In their recent annual reports, Walgreens and CVS reported the following account balances: Required For both companies,

Question:

Cash and cash equivalents, 12/31/10 Cash and cash equivalents, 12131/09 Total assets Cash flows from operating activities Capital expenditures Dividends Walgreens $1,880 2,087 26,275 cVS 1,427 1,086 62,169 4,779 2,005 479 1,014 541

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a Walgreens Horizontal Analysis 1880 2087 2087 99 Vertical Analysis 1880 26275 72 C...View the full answer

Financial ACCT2

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