{"id":1346,"date":"2015-06-08T20:26:23","date_gmt":"2015-06-08T20:26:23","guid":{"rendered":"https:\/\/courses.candelalearning.com\/finacct2x10xmaster\/?post_type=chapter&p=1346"},"modified":"2015-06-08T20:28:31","modified_gmt":"2015-06-08T20:28:31","slug":"accounting-in-the-headlines","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/suny-finaccounting\/chapter\/accounting-in-the-headlines\/","title":{"raw":"Accounting in the Headlines","rendered":"Accounting in the Headlines"},"content":{"raw":"

What information can be gathered from Barnes & Noble\u2019s statement of cash\u00a0flows?<\/h2>\r\n

\u00a0<\/span><\/p>\r\n\r\n

\r\n\r\n\"bn1\"<\/a>Barnes & Noble is a retailer of content, digital media, and educational products.\u00a0 It has nearly 700 bookstores in 50 states and also has a large e-commerce presence on the Web.\u00a0 In the past few years, there has been speculation that Barnes & Noble will not survive in the long-term. Among other news stories, the Wall Street Journal reported on November 26, 2013, that B & N sales are eroding for both print books and e-books. U.S. News & World Report reported that sales of the Barnes & Noble Nook plunged<\/a>.\r\n\r\nLet\u2019s see what the statement of cash flows<\/a> can tell us about Barnes & Noble\u2019s operations.\r\n\r\nThe 2012 Annual Report for Barnes & Noble can be found here<\/a>.\u00a0 See pages 32 \u2013 33 of the annual report for the Statement of Cash Flows.\r\n\r\n\"bn2\"<\/a>\r\n\r\n \r\n\r\n \r\n\r\n \r\n\r\n \r\n\r\n \r\n\r\n \r\n\r\n \r\n\r\n \r\n\r\n \r\n\r\nUsing the 2012 Fiscal Statement of Cash Flows for Barnes & Noble, answer the questions to follow.\r\n\r\nQuestions:<\/b>\r\n\r\n1)\u00a0\u00a0\u00a0\u00a0\u00a0 Did Barnes & Noble use the indirect method or the direct method to prepare its statement of cash flows? How do you know?\r\n\r\n2)\u00a0\u00a0\u00a0\u00a0\u00a0 For fiscal 2012, did Barnes & Noble\u2019s operating activities provide cash or use cash?\u00a0 How much?\r\n\r\n3)\u00a0\u00a0\u00a0\u00a0\u00a0 For fiscal 2012, did Barnes & Noble\u2019s\u00a0\u00a0investing activities provide cash or use cash?\u00a0 How much?\u00a0 What investing activities used cash?\u00a0 What investing activities provided cash?\r\n\r\n4)\u00a0\u00a0\u00a0\u00a0\u00a0 For fiscal 2012, did Barnes & Noble\u2019s\u00a0financing activities provide cash or use cash?\u00a0 How much?\u00a0 What financing activities used cash?\u00a0 What financing activities provided cash?\r\n\r\n5)\u00a0\u00a0\u00a0\u00a0\u00a0 What conclusion(s) can you draw solely from Barnes & Noble\u2019s statement of cash flows for fiscal 2012?\r\n\r\n<\/div>","rendered":"

What information can be gathered from Barnes & Noble\u2019s statement of cash\u00a0flows?<\/h2>\n

\u00a0<\/span><\/p>\n

\n

\"bn1\"<\/a>Barnes & Noble is a retailer of content, digital media, and educational products.\u00a0 It has nearly 700 bookstores in 50 states and also has a large e-commerce presence on the Web.\u00a0 In the past few years, there has been speculation that Barnes & Noble will not survive in the long-term. Among other news stories, the Wall Street Journal reported on November 26, 2013, that B & N sales are eroding for both print books and e-books. U.S. News & World Report reported that sales of the Barnes & Noble Nook plunged<\/a>.<\/p>\n

Let\u2019s see what the statement of cash flows<\/a> can tell us about Barnes & Noble\u2019s operations.<\/p>\n

The 2012 Annual Report for Barnes & Noble can be found here<\/a>.\u00a0 See pages 32 \u2013 33 of the annual report for the Statement of Cash Flows.<\/p>\n

\"bn2\"<\/a><\/p>\n

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Using the 2012 Fiscal Statement of Cash Flows for Barnes & Noble, answer the questions to follow.<\/p>\n

Questions:<\/b><\/p>\n

1)\u00a0\u00a0\u00a0\u00a0\u00a0 Did Barnes & Noble use the indirect method or the direct method to prepare its statement of cash flows? How do you know?<\/p>\n

2)\u00a0\u00a0\u00a0\u00a0\u00a0 For fiscal 2012, did Barnes & Noble\u2019s operating activities provide cash or use cash?\u00a0 How much?<\/p>\n

3)\u00a0\u00a0\u00a0\u00a0\u00a0 For fiscal 2012, did Barnes & Noble\u2019s\u00a0\u00a0investing activities provide cash or use cash?\u00a0 How much?\u00a0 What investing activities used cash?\u00a0 What investing activities provided cash?<\/p>\n

4)\u00a0\u00a0\u00a0\u00a0\u00a0 For fiscal 2012, did Barnes & Noble\u2019s\u00a0financing activities provide cash or use cash?\u00a0 How much?\u00a0 What financing activities used cash?\u00a0 What financing activities provided cash?<\/p>\n

5)\u00a0\u00a0\u00a0\u00a0\u00a0 What conclusion(s) can you draw solely from Barnes & Noble\u2019s statement of cash flows for fiscal 2012?<\/p>\n<\/div>\n\n\t\t\t

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Candela Citations<\/h3>\n\t\t\t\t\t
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