Question and Answer:
16. List the amount of cash flows from each of the 3 activities: Operating, Investing, and Financing for the 2 most recent years. What was the increase or decrease in cash for each of these years?
$ Million | 2012 | 2011 |
Operating | 50,856 | 37,529 |
Investing | (48,227) | (40,419) |
Financing | (1,698) | 1,444 |
Change in cash | 931 | (1,446) |
17.Were there any Non-Cash Investing/Financing Transactions? Describe the type and amount.
No, there were no Non-Cash Investing/ Financing Transactions
18.What is the dollar difference between accrual net income and Cash provided by Operations?
Accrual Net Income ...view middle of the document...
The amount was $ 2,488 million. It was $2.65 per share.
26.Did Retained Earnings change for any reasons other than net income or dividends? Explain.
Answer: Yes. The retained earnings changed due to payment to common stock issued under stock plans.
27.What classes of stock does your company have?
Answer: The company has Common Stock and Preffered Stock.
28.How many shares of each class of stock are authorized, how many are issued, and how many are outstanding?
Authorized: 1,800,000 Shares
Issued: 939,208 Shares
Outstanding: 929,277 Shares
Authorized: 5,000,000 Shares
29.Does your company have any treasury stock? How many shares and what dollar amount?
30.What is the par or stated value of each of your company’s stocks?
Answer: Common Stock : No par Value
31.How many footnote disclosures does your company have?
Answer: Footnote Disclosure
32.How many significant accounting policies are listed under its Summary of Significant Accounting Policies?
33.What does it include as Cash and Cash Equivalents?
Answer: Cash and Cash Equivalents include:
2. Available for securities adjusted costs
3. Gross unrealized gain
4. Gross unrealized losses
5. Fair value of investment category
34.What method does it use to value Inventory?
35.What method(s) does it use to depreciate its assets?
Answer: Straight line Method
36.Does it have any leased assets? If yes, describe them.
Answer: The company has approximately 10.9 million square feet leased building space, which includes approximately 4.1 million square feet related to retail store space.
37.What policies does it have in regard to Foreign Currency Translations?
Answer: The Company uses derivative instruments, such as foreign currency forward and option contracts, to hedge certain exposures to...