Verizon Cash Flow Statement

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Introduction Verizon Communications started in 1984 as “Bell Atlantic” and one of the seven “Baby Sell”. In 2000, Bell Atlantic merged with independent phone company GTE Corporation and created the name "Verizon", a combination of VERITAS, the Latin word “ truth” and horizon, signifying forward-looking and visionary.(“Wiki”). “Verizon Wireless serves mobile phone, text message, and data services for smart phones, tablets, and computers, as well as wireless hotspot devices.” (“Wiki”). Verizon competes against other national wireless service providers, including AT&T, Sprint Nextel Corporation and T-Mobile USA, as well as various regional wireless service providers. “Verizon is the title sponsor for a number of sporting and entertainment arenas …show more content…

It decreased about 7%. Verizon was investing more business that providing more services. Because of that, there were high number of long- term debt and deferred long-term liability charges. The corporation borrow money and had to pay back with higher interest expense. Stockholders equity was decreasing as well. For example, Verizon has increasing number of common stock. It was $424,000. Also, retained earning increased about 27%. Cash flow Statement Net cash provided by operating activities during 2014 decreased by $8.2 billion because increase in adjustment to net income like increase in income tax payments and interest payments. Also, there was big changes in account receivable. Net cash provided by investing during 2014 increased by $ 1.0 billion because increase in capital expenditure. The sales of 4GT LTE affect investing activity because verizon invest more cash in their capital expenditure. Net cash provided by financing during 2014 increased about 54% and by $31 billion. For example, there was a big changes in Stock. Verizon purchase a higher number of common stocks that increase the retained earning but decreased the cash. Because they purchased stocks, their net borrowings

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