Identify any weaknesses revealed by the statement of cash flows of California Fruit Growers,Inc. California Fruit Growers,
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California Fruit Growers, Inc. Statement of Cash Flows For the Current Year Operating activities: Income from operati Add (subtract) noncash items: S 61,000 11,000 Depreciation Net increase in current assets other than cash. Net decrease in current liabilities exclusive of short-term debt...(19,000) 60,000) 1,000 Net cash provided by operating activitie.. Investing activities: Sale of property, plant, and equipment 115,000 Financing activities: Issuance of bonds payable Payment of short-term debt Payment of long-term debt Payment of divide 113,000 174,000) (86,000) (38,000 Net cash used for financing activities. (185,000) S (69,000) Increase (decrease) in cash
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Financial accounting
ISBN: 978-0136108863
8th Edition
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
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