Managerial Accounting Paper

Using these two companies:

-Ciena Corp.

-Qualcomm Inc.

Review each company's statement of cash flows to answer the following:

1. Identify the impart on operating cash flows (increase or decrease) for changes in inventory levels (increase or decrease) for both companies for each of the three most recentt years.

2.What impact would a JIT inventory system have on each companies operating income?

3. Would the move to a JIT system have a one-time or recurring impact on operatiing cash flows?

Length: No more than 1 page, can use graphs if needed. Also cite sources.