Have RIM s accounts receivable increased or decreased during fiscal year 2012?
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Have RIM s accounts receivable increased or decreased during fiscal year 2012?
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Research In Motion (RIM) (now called Blackberry) is a leading designer, manufacturer, and marketer of innovative wireless solutions for the worldwide mobile communications market. Its products are used around the world and include the BlackBerry wireless platform, software development tools, and software/ hardware licensing agreements. RIM s statement of cash flows for fiscal years 2012, 2011, and 2010 are shown on the next page. Required: 1. Have RIM s accounts receivable increased or decreased during fiscal year 2012? By how much have its accounts receivable changed during the past three years? Explain. 2. How does the change in inventory during fiscal year 2012 affect cash? Explain. 3. What conclusions can you derive by examining the pattern of the company s cash flows during these three years? 4. How did the company finance the acquisition of non- current assets during fiscal years 2011 and 2012? Explain. 5. What additional information does the statement of cash flows provide that is not available on either the statement of financial position or the statement of earnings?
