This document presents a comprehensive solution to an accounting assignment for the ACC220 course, focusing on financial statement analysis. The assignment addresses the impact of cash dividends, stock dividends, and stock splits on a company's financial position. It includes a detailed cash flow statement prepared using the indirect method, along with an analysis of the net cash flow from financing activities. The solution further incorporates horizontal and vertical analyses of a company's financial statements for the years 2016 and 2017, highlighting significant changes in key financial metrics such as cash, receivables, inventory, land, equipment, and equity. The analysis provides insights into the company's investment and financing decisions, including share repurchases and debt financing. The document concludes with a list of cited references.