Kaplan College Finanancial Statement Analysis Cash Flow Analysis Paper

In this Assignment, you will be assessed based on the following outcome:MT482-3:Analyze cash flow measures for insight into all business activities.In this Assignment, you will clearly see the connection between cash flow and the actual operation of a business. You will better understand the impact of cash management and develop the skills to understand its importance.Locate the Lands End Case 7-1 on page 455 of your text. Be sure to submit thoughtful and substantial answers to the questions following each case.Required:a. Lands End recently implemented a
strategy of filling nearly all orders when the order is placed. In what
year do you believe the company implemented this strategy and how is the
strategy reflected in the information contained in the statement of
cash flows?b. Explain how the following items reconcile net income to net cash flows from operating activities:(1) Depreciation(2) Receivables(3) Inventory(4) Reserve for returnsc. Calculate free cash flows for each year shown.d. How does Lands End use its free cash flow? Do you think its use of free cash flows reflects good financial strategy?CHECK(c) Yr 9, $27,510add reference and citations
CASE 71
Cash Flow and Free Cash Flow Analysis
Lands’ End
The statement of cash flows for Lands’ End is reproduced here:
Year 7
$ 50,952
13,558
317
994
586
325
LANDS’ END, INC. & SUBSIDIARIES
Consolidated Statements of Cash Flows
FOR PERIOD ENDED
($thousands)
Year 9
Year 8
Cash flows from operating activities
Net income….
$31,185 $ 64, 150
Adjustments to reconcile net income to
net cash flows from operating activities,
Pretax nonrecurring charge.
12,600
Depreciation and amortization..
18,731
15,127
Deferred compensation expense.
653
323
Deferred income taxes …..
(5,948) (1,158)
Pretax gain on sale of subsidiary.
(7,805)
Loss on disposal of fixed assets..
1,127
Changes in assets and liabilities excluding
effects of divestitures
Receivables…
(5,640) (7,019)
Inventory…
21,468 (104,545)
Prepaid advertising
(2,844) (7,447)
Other prepaid expenses.
(2,504) (1,366)
Accounts payable.
4,179
11,616
Reserve for returns
1,065
944
Accrued liabilities
6,993
8,755
Accrued profit sharing.
(2,030)
1,349
Income taxes payable
(5,899) (1,047)
Other ….
1,665
64
Net cash flows from (used for) operating activities.. 74,260 (26,932)
Cash flows from (used for) investing activities
Cash paid for capital additions
(46,750) (47,659)
Proceeds from sale of subsidiary
12,350
Net cash flows used for investing activities
(46,750) (35,309)
Cash flows from (used for) financing activities
Proceeds from short-term debt.
6,505
21,242
Purchases of treasury stock…
(35,557) (45,899)
Issuance of treasury stock.
1,845
409
Net cash flows used for financing activities.
(27,207) (24,248)
(675)
22,371
4,758
(145)
14,205
629
4,390
1,454
8,268
394
121,795
(18,481)
(18,481)
1,876
(30,143)
604
(27,663)
$ (86,489)
Net increase (decrease) in cash and cash equivalents….. $ 303
Beginning cash and cash equivalents
6,338
Ending cash and cash equivalents…
$ 6,641
92,827
$ 6,338
$ 75,651
17,176
$ 92,827

Purchase answer to see full
attachment

Our Service Charter

1. Professional & Expert Writers: Homework Free only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Homework Free are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Homework Free is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Homework Free, we have put in place a team of experts who answer to all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.