Use the following data (in thousands) for Barnes & Noble, Inc. for the year ending February 2,

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Use the following data (in thousands) for Barnes & Noble, Inc. for the year ending February 2, 2008, to answer the questions below:

Retained earnings, February 3, 2007 $ 600,404

Retained earnings, February 2, 2008 696,861

Net cash flows from operating activities 434,680

Net increase in cash 12,280

Net cash flows used for financing activities (241,837)

a. Determine the amount of earnings retained in Barnes & Noble for the year ended February 2, 2008.

b. Determine the net cash flows used for investing activities for the year ended February 2, 2008.

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Survey of Accounting

ISBN: 978-0538749091

5th Edition

Authors: Carl S Warren

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Question Posted: Oct 20, 2011 08:56 AM

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Use the following data (in thousands) for Barnes & Noble, Inc. for the year ending February 2,

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a 96457 696861 600404 b The net cash flows used for investing activities is determined by sol...View the full answer

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