Start with a commentary on how their Operating Cash Flow has been going.

How is it trending and is this good, bad, or indifferent?

Look at the increases and decreases in the assets and liabilities $-$ do those increases and decreases make sense in the context of

AMAT's change in sales from year to year?

Example: Sales went up this year, so what should that mean for AR$?$ Recall Weeks $2$ and $4.$

It is important that you understand that those are not the balance sheet numbers, those are the changes in the balance sheet

numbers. Also, AR is in parentheses because it increased, not decreased. If this note is surprising$/$confusing to you, please

rewatch the video on Walking through the Indirect Method

Discuss where they are getting cash and using cash. Make sure you netted the numbers for the summary sheet that I asked you to$.$

What portion of their cash inflows are coming from what sources? Do you think it's good or bad $($and why$)?$

What portion of their cash outflows are they using on what? Do you think it's good or bad $($and why$)?$

Provide a one$-$to$-$two$-$sentence summary of their cash flow situation and what you think about it$.$

Please note $-$ any judgment you make should have an explanation for why you have that opinion. Don't just say "it's

good." You need to explain why you think that.