Which method of reporting cash flows from operations does

Question

Refer to the financial statements and notes of Tootsie Roll Industries Inc. The Mergent Database is a great place to find the financials.

Research and answer the following:

1. Which method of reporting cash flows from operations does the company use?

2. Compare the net cash provided/used from operations to the net income amount on the income statement for all of the years presented in the annual report. Are these two numbers trending in the same direction? What is the largest adjustment item in the cash flows from operations?

3. What has created the largest inflow and outflow of cash for investing activities? Did investing activities provide or use cash for each of the years presented?

4. Did the financing activities provide or use cash in each of the years presented? What are the stock repurchase and dividend trends of your chosen company?

5. Does the cash provided by operations cover the investing activities? Financing activities?

https://guides.rasmussen.edu/business -  . Click on the following link and scroll to the bottom left for videos on using the library database Mergent.

Answer 1

By considering the data, notes and financial statements of the Tootsie Roll Industries Inc. The Mergent Database, research and respond to the following: Q1. Which process of reporting cash flows from operations does the company employ? Q2. Evaluate the total cash provided/employed from operations to the total income amount on the income statement for all of the years presented in the yearly report. Are such two numbers trending in similar direction? Determine the biggest adjustment item in the cash flows from operations? Q3. What has made the biggest inflow and outflow of cash for investing activities? Did investing activities give or make use of cash for each of the years presented? Q4. Did the financing activities give or use cash in each of the years presented? Determine the stock repurchases and dividend trends of your selected company?