Question

The following data come from the financial statements of The High Tide Company at the year ended May 31, 2011 (in millions).


Requirements
1. Prepare a cash flows statement for the year ended May 31, 2011. Not all the items given appear on the cash flows statement.
2. Which activities provided the largest amount of cash? Is this a sign of financial strength orweakness?


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  • CreatedDecember 10, 2012
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