Question: ABC Corporation s consolidated income statement and balance sheet for the
ABC Corporation’s consolidated income statement and balance sheet for the years 2011 and 2012 is shown in Table 3.9 (in thousands of dollars). How do you think cash flow performance in 2011 compares with that of 2012 in the factory as well as accounts receivable? Do you think 2012 is an improvement over 2011? Why?
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