WebFieldTrip-Unit9 - Professor and Class For this week’s...

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Unformatted text preview: Professor and Class, For this week’s Web Field trip, we were asked to visit the Johnson and Johnson website to view their Consolidated Statements of Cash Flows. After viewing these statements, we are asked the following questions. 1) What is the most significant “source” of cash for Johnson and Johnson? From my understanding of the Johnson and Johnson statement of cash flows, I gathered that the company’s most significant “source” of cash is received from operating activities. I believe this to be true due to the fact that these kinds of activities include the cash received from the sales made to customers, which no doubt is the most cash inflow for a company like Johnson and Johnson. 2) What is the most significant “use” of cash for Johnson and Johnson? Again form my understanding of the Johnson and Johnson statement of cash flows, I gathered that the most significant “use” of cash is paid out for financing activities. These activities include paying out shareholder dividends, purchasing stocks, and issuing or retiring...
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WebFieldTrip-Unit9 - Professor and Class For this week’s...

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