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Use the Statement of Cash Flows
Navigate to the website of Johnson & Johnson (www.jnj.com) and locate the most recent annual report. Annual reports are usually located in a section titled Investor Relations, Investor Information, etc.
Locate the consolidated statement of cash flows in the annual report and find the following data for the last 2 years:
- Net Cash Flows from Operating Activities
- Net Cash used by Investing Activities
- Net Cash used by Financing Activities
- Cash and Cash Equivalents at the end of the Years
In which year does Johnson & Johnson appear to be in a stronger financial position? What were some of the big differences between the 2 years? Keep in mind that dollar amounts in ( ) are negative or cash outflows.
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