What was the net increase (or decrease) in cash during the year?
Posted: January 27th, 2023
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The company I will be using is Nike Inc.
Obtain the company’s most recent annual report on Form 10-K. By using the company search feature of the SEC’s EDGAR database service found at www.sec.gov/edgar/searchedgar/companysearch.html
answer the following questions from the company’s most recent annual report:
1. What is the net cash flows from (used for) operating activities reported by the company at the end of the most recent year?
2. What is the net cash flows from (used for) investing activities reported by the company at the end of the most recent year?
3. What is the net cash flows from (used for) financing activities reported by the company at the end of the most recent year?
4. What was the net increase (or decrease) in cash during the year?
Then evaluate the company’s cash inflows and outflows. What does this information tell you about the company you selected?
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