Nike Cash Flow
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1. Demonstrate how the net change in cash and cash equivalents explains the change in cash and equivalents that appears on the Balance Sheet on the 10-K for 5/31/04 compared to 5/31/03. The 2004 figure was $828 million. The 2003 figure for Cash and Equivalents from the Balance Sheet was $634 million meaning that cash and cash equivalents increased by $194 million in the 12-month period under review.We next look to the Consolidated Statement of Cash Flows. We are looking for the line: Net Increase in Cash and Equivalents. We note that for fiscal year 2004 that figure is $194 million corresponding to the net increase in cash and e
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Some common words found in the essay are:
Cash Flows, Balance Sheet, Cash Equivalents, Cash Flow, cash equivalents, cash flows, cash cash equivalents, statement cash flows, cash provided, largest cash, balance sheet, cash cash, statement cash, Statement Cash, largest cash outflow, 12-month period review, 12-month period, 2004 figure, largest outlay, increase cash equivalents,
Approximate Word count = 441
Approximate Pages = 2 (250 words per page)
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