TITLE

Xerox Corp. -- Profits vs. Cash Flows

PUB. DATE
May 2002
SOURCE
Financial Executive;May2002, Vol. 18 Issue 3, p18
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of Xerox Corporation during the years 1997, 1998, and 1999 and the company's reorganization. A comparison of the company's annual reports and consolidated statements of cash flow shows how misleading accounting profits can be in a troubled company. The reporting of profit warnings in 1999 and the ouster of chief executive officer G. Richard Thoman are mentioned. Data is given for net income, interest, non-cash adjustments, changes in working capital, free cash flows, dividends, inventory writedown and restructuring charge, and revenues.
ACCESSION #
31729981

 

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