Use the financial statements for Borders Group, Inc., which can be found at www.borders.com, to answer the

Question:

Use the for Borders Group, Inc., which can be found at www.borders.com, to answer the following questions:
1. What were the major sources and uses of cash during the most recent fiscal year? What does this indicate about Borders’ cash position?
2. What evidence, if any, is there that Borders is expanding?

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...