www: IE17-22 Use the Google search engine to find cash flow statement
in two different industries of your choice (ideally compare a new company like
Amazon with an established manufacturing company). Summarise the main cash inflows
and outflows and comment on the significant differences. IE17-23 Interpreting Financial Statements Find ATT Corporation's latest
annual report at its web site at www.att.com and General Electric Corporation's
(GE) annual report at its web site at www.ge.com.
1. Do ATT and GE use the direct or indirect method
of presenting operating activities on their statements of cash flow? 2. The statement of cash flow should list data
for three years. Determine in there was a major change in the overall cash flow
or in any of the three activities (operating, investing, and financing) for
either corporation in any of the last two years. If so, is there any clear reason
for the major change? 3. Is there a major difference between the net
cash flow and the net income for either corporation in any of the last two years?
If so, explain why. | 
2003 A McGraw-Hill Online Learning Centre