Consider three independent cases for the cash flows of Wynn Sporting Goods Corp. For each case, identify
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Case A Case B Case Cash flows from operating activities: Net income Depreciation and amortization Increase in current assets Decrease in current liabilities 14,000 14,000 S 14,000 17,000 (7,000 27,000 (3,000 17,000 17,000 3,000) (4000)( 24,000 1,000 (3,000) 27,000 | Cash flows from investing activities: Acquisition of plant assets Sales of plant assets 141,000 47,000148,000 94,000) (141,000) | (141,000 28,000 7,000(113,000 Cash flows from financing activities: 2 149,000 (45,000)(38,000](28,000 59,00012,000) 121,000 | $ (11,000) IS 22,000|$ 5,000 Issuance of stock Payment of debt 104,000 26,000 Net increase (decrease) in cash
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Financial Accounting
ISBN: 978-0133427530
10th edition
Authors: Walter Harrison, Charles Horngren, William Thomas
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