Discuss cash flow implications of these inventory adjustment

Assignment Help Finance Basics

Reference no: EM131408434

The 2008 statement of cash flows for JCPenney reports (dollars in millions) net cash from operating activities of $1,155 (2008), $1,249 (2007), and $1,258 (2006). Included on the statement of cash flows (indirect method) in the computation of net cash from operating activities are adjustments for inventory of $382 (2008), -$241 (2007), and -$190 (2006).

REQUIRED:

Explain the nature of these adjustments and what they tell us about JCPenney's inventory balances in 2008, 2007, and 2006.

Discuss the cash flow implications of these inventory adjustments.

Reference no: EM131408434

Questions Cloud

What is comprehensive income : This table indicates that Merck carries certain kinds of investments on its balance sheet. What are they, and what happened to the values of those investments in 2008, 2007, and 2006?

Determining the use of technology : How can organizations retrain managers to measure, analyze, decide and act effectively with the use of technology? Is an HRIS sufficient? What other tools can be used?

Context of the solution-focused approach : In the context of the solution-focused approach, describe/assess several observable indicators that would cue you that the family is nearing a level of success, such that termination of therapy may be considered.

How target’s operating cash flows were managed during 2008 : Assuming that most of the accounts payable are owed to its inventory suppliers, what does the difference between these two amounts indicate about how Target's operating cash flows were managed during 2008?

Discuss cash flow implications of these inventory adjustment : Explain the nature of these adjustments and what they tell us about JCPenney's inventory balances in 2008, 2007, and 2006.

Test whether population of values could poisson distributed : The following data are the number of persons who were waiting in line at a checkout counter at 100 randomly selected times during the week.- At the 0.05 level, test whether the population of these values could be Poisson distributed.

Can the employee file a lawsuit under the civil rights act : Question 1: Do you make the person remove them, why or why not? Question 2: Can the employee file a lawsuit under the Civil Rights Act, Title VII (1965)? Why or why not?

Discuss about the physical exam findings : Discuss about above disease:Pathophysiology,Epidemiology,Physical exam findings,Differential diagnoses and rationale.

What does it mean for a company to thin its inventories : What does it mean for a company to "thin" its inventories? How would such a business practice aid a company during an economic recession?

User Account

All Pages