Comparing cash flow policies across companies in the Internet industry
Cash flows from three well-known Internet companies are provided below (dollars in millions):
|
Priceline |
2009 |
2008 |
2007 |
|
Operations |
$510 |
$316 |
$156 |
|
Investing |
501 |
152 |
221 |
|
Financing |
169 |
169 |
19 |
|
Amazon.com |
2009 |
2008 |
2007 |
|
Operations |
$3,293 |
$1,697 |
$1,405 |
|
Investing |
2,337 |
1,199 |
42 |
|
Financing |
280 |
198 |
50 |
|
eBay: |
2009 |
2008 |
2007 |
|
Operations |
$2,908 |
$2,882 |
$2,641 |
|
Investing |
1,149 |
2,057 |
693 |
|
Financing |
946 |
1,674 |
694 |
REQUIRED:
Describe the similarities and differences of the cash flow policies across the three companies.