Adequate internal control over financial reporting as

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adequate internal control over financial reporting, as such term is defined in Exchange Act Rules 13a-15(f). Our management conducted an evaluation of the effectiveness of our internal control over financial reporting based on the framework in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on this evaluation under the framework in Internal Control – Integrated Framework,
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our management concluded that our internal control over financial reporting was effective as of December 31, 2016” (Boeing, 2017). By how much did the company's cash balance change from the beginning of the year to the end of the year? o -2,501,000 What type of instruments does the company consider to be cash equivalent? o “Cash and cash equivalents consist of highly liquid instruments, such as commercial paper, time deposits, and other money market instruments, which have original maturities of three months or less” (Boeing, 2017). Calculate the cash ratio. How does this ratio compare with the industry? o The Boeing Company’s cash ratio for 2016 is 0.20. The ratio is better than Lockheed, and General Dynamics but is lower than Northrop Grumman and United Technologies.
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