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Managerial Accounting
Introduction to Managerial Accounting
Jeannie M. Folk
Ray H. Garrison
Eric Noreen
How Well Am I Doing? Statement of Cash Flows

Internet Exercises

Student Instructions:

Download Microsoft's Statement of Cash Flows for the year ended June 30, 1999 at http://www.microsoft.com/msft/ar99/download.htm and answer the following questions:

  1. Which method, direct or indirect, did Microsoft use to prepare its Statement of Cash Flows? How can you tell?
  2. How much cash and cash equivalents did Microsoft have on hand at June 30, 1999?
  3. What is the trend in the company's net cash from operations?
  4. What were the significant cash flows from or used by financing activities in 1999?
  5. Microsoft's net cash from financing activities does not include a very common cash outflow seen on the statement of cash flows of most major corporations. What is it?
  6. What were the significant cash flows from or used by investing activities in 1999?




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