Question: Cash Flow Statement Preparation for Visa Inc. : a. Prepare the operating activities section of Visa Inc.'s cash flow statement for the year ended December

  • ยทCash Flow Statement Preparation for Visa Inc.: a. Prepare the operating activities section of Visa Inc.'s cash flow statement for the year ended December 31, 2023, using the indirect method. Given: Net Income - $5.2 billion, Depreciation Expense - $1.5 billion, Changes in Working Capital: Accounts Receivable - $(800) million, Accounts Payable - $1.2 billion. b. Compute Visa Inc.'s free cash flow for the year. c. Analyze the cash flow adequacy of Visa Inc. for investing and financing activities.

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