The 2012 statement of cash flows for Macys reports (dollars in millions) net cash from operating activities
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Explain the nature of these adjustments and what they tell us about Macy’s inventory balances in 2012, 2011, and 2010. Discuss the cash flow implications of these inventory adjustments.
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The entries on the statement of cash flows are intended to show the impact on cash of the changes in ...View the full answer
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