Nestls financial statements are presented in Appendix B. Financial statements of Delfi Limited are presented in Appendix

Question:

Nestlé’s financial statements are presented in Appendix B. Financial statements of Delfi Limited are presented in Appendix C.

Instructions
a. Based on the information contained in these financial statements, determine each of the following for each company:
1. Cash and cash equivalents balance at December 31, 2016.
2. Cash provided by operating activities during the year ended December 2016 (from statement of cash flows).
b. What conclusions concerning the management of cash can be drawn from these data?

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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