Question

lac af ontar coSTCO WHOLESALE CORPORATION ASH FLOWS CONSOLIDATE amountr in millianal Weeks Ended Weeks Ended 2 Weeks Ended Senoember 2 Septambar 3, 2017 August 28, 2010 2010 CASFLOWS FROM OPERATING ACTIMTIES Net inome incudrg roncorolng intereets 175 2714 tincome includingg noncontroing interests o net caeh provided by operating actvites Deomens oe sad amodztor LA77 1371 250 Stock-besad comcarsaton 54. 514 450 (57) ,741 C ioch cwing adles no Changes in operaang apets and ljabinesa Marchandse Inventories 313 Ctw aling assels and idi, rel 547 Net cash pronded by teeatng actmtes 32 774 ,25 CTIMTIES 41 1 UNt (1,2/91 ... Maturties and sales of short term investments 1.078 225 170 960 (25021 040 rpcnty and cquiemene Net cash used in inuesne ecies 2947 (2,368 12345) CASH FLOWS FROM FINANCING ACTIVITIES 2.8 Proceeds fromn short-tem barrowngs ng tem deb (2 200 1 20. (2021 Tax wthnodngs an stnck-hasad amands (217) (220) 13201 cther fiarcing sctvities, net 4) (3,218 28 ) (2419 Nat cash used in fnancing actvtos s ON CASH AND CASH FQUIVAI FNTS Nt dteue n cee d c 1 160 equls 1422) CASH AND CASH EQUINALENTS ULGINNING OF YEAR 4.54 ,379 80 6 055 4 548 3379 CASH AND CASH EQUNALENTS END OF YEAR SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: Cash paid during te yaar far $1 $18, and S1R intest cpiiced in 2010 2017 and 2018, respecivey 131 4 12 Income taes, net 204 SUPPLEMENTAL DISCLOSURE OF NON-CA SH INVESTING AND FINANCING ACTIVITIES ot yat pald Caah dascans daciarad but not wat nad Questions Statement of Cash Flows (Protected Vicw)- Whrd File Tools Viaw PROTECTED VIEW Be careful-files fram the Internet can contain viuses. Uniless you need to edit, it's safer to stay in Protected View. Enable Editing b. Cash flow on Total Assets Accounting II Company Analysis Project Statement of Cash Flows Questions Cash flow from c. What was the total cash outlay for repurchase of common stock operations/average total assets) The Basics 1) Current year 4. What was the net cash flow from operating Locate the company's statement of cash flows. 2) Last Year activities? What the period covered by the statement? a. Was it an inflow or an outflow of cash? c. Cash coverage of growth Op Cash flow from 1. What was the ending balance of cash and cash equivalents the ending balance of cash and cash equivalents reported on the balance sheet? operations/Cash outflow for plant assets 5. Did the company use the direct or indirect method the current year? Does this agree with in reporting net cash flows from operating activities? 1) Current year a. How can you tell? What was the net cash flow from operating activities for the last two years? 2) Last Year b 2. What was the net cash flow from investing ear c. Last Year activities? Was it an inflow or an outflow of cash? Analysis: Calcula the following ratios. End of documem b. What was the net amount spent on property, plant and equipment? a. Free cash flow Cash provided by operating activities capital expendituress - debt 3, What was the net cash flow from financing activities? repayments Was it an inflow or an outflow of cash? 1) Current year 2) Last Year . What was the total cash dividends paid? Screen 1-3 of 3 +120% 10:5 Type here to search E C dx ENG 06/06/2019

Answer 1

Period Covered by Statement is September 4, 2017 to September 2, 2018
1. Ending Balance of Cash and Cash Equivalents = $6056 millions
This agrees with ending balance reported in Balance sheet

2. Net Cash Flow from Investing Activities = ($2947) millions
a. It is an outflow of cash
b. Net amount spent on Property, Plant & Equipment = $2969 millions

3. Net cash flow from financing activities = ($1281) millions
a. It is an outflow of cash
b. Total Cash Dividend paid = $689 millions
c.Total Cash outlay for Repurchase of common stock = $328 millions

4. Net Cash flow from Operating activities = $5774 millions
a. It is an inflow of cash

5. The company has used Indirect Method in reporting cash flow from Operating Activities.
a. Since cash flow from Operating activities has been arrived from net income by making adjustments to it, this shows that indirect method has been used.
Net Cash flow from Operating activities from :
b. Current Year = $5774 millions
Previous Year = $6728 millions