*Note: These types of questions will not be on the exam because Lockdown Browser
ID: 1174492 • Letter: #
Question
*Note: These types of questions will not be on the exam because Lockdown Browser will not let you go to the SEC website. They are included in homework so that you know how to look up the financial information of publicly traded companies for your own use and investment decisions. Go to the U.S. Securities and Exchange Commission (SEC) website where you can look up the filings for publicly traded companies, and other firms that are required to file with the SEC. https://www.sec.gov/edgar/searchedgar/companysearch.html (Links to an external site.)Links to an external site. Use the Fast Search option to look up Microsoft with either its Stock Exchange Ticker Symbol MSFT or its Central Index Key 0000789019 (Links to an external site.)Links to an external site. Go to the 10-K Annual Report filed on 2017-08-02, use the Interactive Data Link, which is easier than reading though all the pages of the actual filing. Click on Financial Statements, then click on Cash Flows Statements. What is the Net Cash From (used in) Financing on the end of the company's fiscal year ending Jun. 30, 2017? It is stated in millions, enter the number just as you see it on the page. Do not add the additional zeros. If the number is negative use the minus sign, not the parenthesis used in the filing.
Explanation / Answer
It's $8408 millions. It's given in cash flow statement part 51 (part 2 item 8).
You have to download the 10k statement given in the website for Microsoft. The date is mentioned clearly in the question.
After downloading please go to the cash flow statement. Where you will find net cash flow used in financing for the year 2017 ( as of June 30th)
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