Using Adidas 2019 financial reports. What is the companys major source of cash? Is this...
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Using Adidas 2019 financial reports. What is the companys major source of cash? Is this good or bad? Explain. Look at the statement of cash flows Did the company report any non-cash transactions on its statement of cash flows? Is yes, explain them: The amount and nature of the transactions. How does the information provided on the statement of cash flows affect your analysis of the company? Where does the company account for its interest expense? Its dividends? Based on information provided in the financial statements as well as from the company website, what types of long-term assets does the company have that can you identify? Using financial statement footnotes identify the depreciation methods used by your company including the estimated useful lives of the assets. Could the company use depreciation as a way to manage earnings? Explain. Does your company list any other long term assets? If yes, what is their value to the business? How are they accounted for? If I am an investor, why do I care?
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