Using the Company’s financial statements (2023 Annual Report) and published articles provide the answers to the following questions.
Question #1 – Is UPS’ cash provided by operating activities increasing or decreasing?
You need to research what caused the increase or decrease in the cash provided by operating activities. Net income is a result of Sales and Expenses. Do not focus mainly of Net income. You have to research any impact to sales and line item expenses that drove the increase or decrease. Once you have identified he drivers, research them so you can explain the reasons.
Question #2 – Is UPS’ cash provided by operating activities more or less than net income in fiscal 2022?
Similar to question #1, you have to compare cash provided by operating activities against net income. Explain the difference, i.e., what are the drivers and reasons for the increase or decrease.
Please include citations and reference APA style
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