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Balance Sheet, Income Statement, Cash Flows

Report the major components of your companies' {AT&T (T) and Vonage (VG)} Cash Flow Statements, and discuss your understanding of what the numbers tell us about the companies' performance.

Also include the numbers from the balance sheet and income statement, because looking at all the statements together can help to understand the overall picture. Make sure Total Assets = Total Liabilities + Total Equity).

Balance Sheet 2009 2008
Total Assets xx xx
Total Liabilities xx xx
Total Shareholder's Equity xx xx

Income Statement
Total Revenue (or Sales) xx xx
Net Income xx xx

Statement of Cash Flows
Cash Provided by / (Used in) Operating Activities xx xx
Cash Provided by / (Used in) Investing Activities xx xx
Cash Provided by / (Used in) Financing Activities xx xx

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Answer:
For AT&T (T):
Balance Sheet 2009 (in millions) 2008 (in millions)
Total Assets $268,752 $265,245
Total Liabilities $166,427 $268,495
Total Shareholder's Equity $102,325 $96,750
Income statement
Total Revenue (or Sales) $123,018 $124,028
Net Income $12,843 $13,128
Statement of Cash Flow
Cash Provided by / (Used in) Operating Activities $34,445 $33,653
Cash Provided by / (Used in) investing Activities ($17,925) ($29,143)
Cash Provided by / (Used in) financing Activities ($14,510) ($4,691)

Here we can see ...

Solution Summary

Balance sheet, income statements and cash flows are examined.

$2.19