in the statement of cash flows?
b. Explain how the following items reconcile net income to net cash flows from operating activities:
( 1) Depreciation( 2) Receivables( 3) Inventory( 4) Reserve for returns
c. Calculate free cash flows for each year shown.
d. How does Lands’ End use its free cash flow? Do you think its use of free cash flows reflects good financial
strategy?
Calculate free cash flow for the prior two years for your chosen company; use this data in your final project.