Visit the Exxon Mobil Website, "Investor Information" section and download their annual report for the past two years. In a 1-2 page APA formatted paper, based on these annual reports, respond to the following questions:
1.Are the majority of Exxon’s assets tangible or intangible?
2.What was Net Income for each of the past two years? Was the change positive or negative? What was the change in $ and % terms?
3.What was Cash Flow for each of the past two years? Was the change positive or negative? What was the change in $ and % terms?
4.What has the stock price done over the past two years? (Give dollar amounts as well as percentages)
5.Discuss/identify items that would cause Net Income and Cash Flow to differ.
6.Why is the cash flow statement broken down into 3 parts? What do these three parts tell us about where Exxon gets and spends its cash?
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