The financial statements of adidas (DEU) and Puma (DEU) are presented in Appendices B and C, respectively.
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Instructions
Based on the information contained in these financial statements, determine each of the following for each company.
a. Cash used in (for) investing activities during 2015 (from the statement of cash flows).
b. Cash used for acquisitions and investments in unconsolidated affiliates during 2015.
c. Total investment in unconsolidated affiliates (or investments and other assets) at the end of 2015.
d. What information do adidas and Puma provide on the classifications of their investments?
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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Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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