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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:

Part 1:

1. Net Cash Flows from Operating Activities
2. Net Cash used by Investing Activities
3. Net Cash used by Financing Activities
4. Cash and Cash Equivalents at the end of the Years

Part 2:

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.

Accounting Basics, Accounting

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