Question

Access EDGAR at the following internet address: www.sec.gov. Study the website to be able to access the financial statements of Cisco Systems Inc. Locate the company’s most recent 10Q report and answer the following questions: a. What is business address of Cisco Systems? b. Locate the balance sheet in Form 10Q and determine if the amount of company’s cash increased or decreased in most recent quarters. c. Locate the income statement. What’s the company’s net income in most recent quarter? d. Access Cash Flow statement and share your observations. e. Any other observations that you would like to share?

Answer 1

SOLUTION = Cisco Systems Inc.

a.Business address of Cisco Systems

170, WEST TASMAN DR

SAN JOSE CA 95134-1706

4085264000

b. CALCULATION OF CASH INCREASE OR DECREASE IN RECENT FORM 10Q AND FORM 10K

PARTICULARS	10Q(OCTOBER 28,2017)A	10Q(JANUARY 27,2018)B	INCREASE(DECREASE)B-A	10Q(APRIL 28,2018)C	INCREASE ( DECREASE)B-C	10K(JULY 28,2018)D
CASH AND CASH EQUIVALENTS	$11,043	$17,624	$7,624	$6,719	($10,905)	$8,934

c. Company's Net Income in most recent Quarter

1.NET INCOME AS PER FORM 10 K ( FOR THE FISCAL YEAR ENDED JULY 28,2018) = $110

2. NET INCOME AS PER FORM 10Q( FOR THE QUARTER ENDED APRIL 28,2018) = $2,691

d.Observation from form10K for the fiscal year ended July 28,2018

a. Operating Activities

1. Current Assets are increasing and Current Liabilities are decreasing, Thus Cash Flow from Operating Activities were increased.

2.Cash Flow from Investing Activity is also positive hence sale of Investment is more than Purchases.

3. Cash Flow used in Financing Activity common Stock repurchase is more than issue of common stock.

4. dividend also paid in nice amount.

5.Company repaid huge amount of Debt.