Description
look at Micheal Kors Financial Statement an fill the budget work sheet!
https://www.nasdaq.com/symbol/kors/financials?quer...
year 2016, 2017 and for the Forecasted Amounts, you have to estimate logically!
Then write a 2 pages analysis of what you did!
Unformatted Attachment Preview
Purchase answer to see full attachment
Explanation & Answer
Attached.
ACCOUNTING
Operating budget
In the cash of cash from operating activities; cash from operating activities is actually the net cash influx
studied during the first section of the statement of the cash flow. Cash from operating activities usually
tends to focus on the cash inflows and that of outflows from a company’s major business activities that
involves selling and buying.
Cash from operating activities actually does not include the amount that is spent during the capital
expenditures like purchase of new facilities and equipment.
Cash from operating activities also does not include the amount that is used for the long term
investments and also for the amount received as a result of sale of long term assets.
Cash from operating activities also excludes the amount paid to the stakeho...