2. Income statement accounts-Description and details. Use 10k report.
1. Make a list of all income statment accounts. (1) Define each account;
Title -analysis of sources and uses of funds and cash flows
1. Statment of sources and uses of funds.
1.1 Obtain the balance sheets for the past two years. Construct a statment of sources and uses of funds;
1.2 Describe what are the major sources and uses of funds.
2. Statments of cash flows.
2.1 Obtain the balance sheets for the past two years. Construct a statment of cash flows;
2.2 Describe the company's cash flows from operations, financing and investing;(3) compare your cash flows numbers to thosse of the company's formal statment of cash flows and explain the differences.