You work for a private airport that has just purchased a new radar system from the UK

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You work for a private airport that has just purchased a new radar system from the UK for £3.5 billion. You have paid £100 million up front with the rest to be paid in 3 months. Explain how these figures would appear on an accounting statement and cash flow statement.

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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