HOME DEPOT CASH FLOW  Fiscal 1985Fiscal 1984Fiscal 1983  Feb-86Feb-85Feb-84 CASH FLOWS FROM OPERATING ACTIVITIES                                  Net income$8,219,000$14,122,000$10,261,000                              depreciation$4,376,000$2,275,000$903,000                             def income taxes$3,612,000$1,508,000$713,000                             amortization$637,000$93,000                             net gain on sale($1,317,000)                               other$180,000$77,000$59,000                               Increase in a/r($15,799,000)($7,170,000)($1,567,000)                          increase in inventory($68,654,000)($25,334,000)($41,137,000)                          increase in prepaids($587,000)($1,206,000)($227,000)                          increase in a/p$21,525,000$10,505,000$17,150,000                        change in accrued salary$1,578,000($93,000)$2,524,000                        increase in other accrued items$3,736,000$2,824,000$341,000                        change in tax payable($626,000)($657,000)$406,000      cash flow from operations($43,120,000)($3,056,000)($10,574,000)($56,750,000)          CASH FLOWS FROM INVESTING ACTIVITIES                         sale of property$9,469,000$861,000$3,000$10,333,000                     additions to property($99,767,000)($50,769,000)($16,081,000)($166,617,000)                       Bowater acquisition ($3,902,000) ($3,902,000)                                                                goodwill  ($25,291,000) ($25,291,000)                          other($1,728,000)($2,554,000)($252,000)($4,534,000)                        cash flow -investing activities($92,026,000)($81,655,000)($16,330,000)           CASH FLOWS FROM FINANCING ACTIVITIES                       long term borrowing$92,400,000$120,350,000$4,200,000$216,950,000                 repayments of debt($10,399,000)($6,792,000)($52,000)($17,243,000)                sale of common stock$659,000$814,000$36,663,000$38,136,000                  current portion of debt$10,095,000$233,000$10,000$10,338,000                  cash flow -financing activities$92,755,000$114,605,000$40,821,000      Net change in cash($42,391,000)$29,894,000$13,917,000$1,420,000Complete an analysis of the cash flow statement presented.  We recommend you use either the scan or source/use methods.  The negative cash flow from operations for the three years eliminates the ratio method

Question
Asked Oct 21, 2019
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HOME DEPOT CASH FLOW  
  Fiscal 1985 Fiscal 1984 Fiscal 1983  
  Feb-86 Feb-85 Feb-84  
CASH FLOWS FROM OPERATING ACTIVITIES        
                              Net income $8,219,000 $14,122,000 $10,261,000  
                             depreciation $4,376,000 $2,275,000 $903,000  
                            def income taxes $3,612,000 $1,508,000 $713,000  
                            amortization $637,000 $93,000    
                           net gain on sale ($1,317,000)      
                            other $180,000 $77,000 $59,000  
         
                         Increase in a/r ($15,799,000) ($7,170,000) ($1,567,000)  
                         increase in inventory ($68,654,000) ($25,334,000) ($41,137,000)  
                         increase in prepaids ($587,000) ($1,206,000) ($227,000)  
                         increase in a/p $21,525,000 $10,505,000 $17,150,000  
                       change in accrued salary $1,578,000 ($93,000) $2,524,000  
                       increase in other accrued items $3,736,000 $2,824,000 $341,000  
                       change in tax payable ($626,000) ($657,000) $406,000  
         
cash flow from operations ($43,120,000) ($3,056,000) ($10,574,000) ($56,750,000)
         
         
CASH FLOWS FROM INVESTING ACTIVITIES        
                     sale of property $9,469,000 $861,000 $3,000 $10,333,000
                     additions to property ($99,767,000) ($50,769,000) ($16,081,000) ($166,617,000)
                       Bowater acquisition   ($3,902,000)   ($3,902,000)
                                                                goodwill    ($25,291,000)   ($25,291,000)
                          other ($1,728,000) ($2,554,000) ($252,000) ($4,534,000)
         
                   cash flow -investing activities ($92,026,000) ($81,655,000) ($16,330,000)  
         
         
CASH FLOWS FROM FINANCING ACTIVITIES        
                   long term borrowing $92,400,000 $120,350,000 $4,200,000 $216,950,000
                 repayments of debt ($10,399,000) ($6,792,000) ($52,000) ($17,243,000)
                sale of common stock $659,000 $814,000 $36,663,000 $38,136,000
                  current portion of debt $10,095,000 $233,000 $10,000 $10,338,000
         
             cash flow -financing activities $92,755,000 $114,605,000 $40,821,000  
         
Net change in cash ($42,391,000) $29,894,000 $13,917,000 $1,420,000

Complete an analysis of the cash flow statement presented.  We recommend you use either the scan or source/use methods.  The negative cash flow from operations for the three years eliminates the ratio method

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