Question

The following information is based on data reported in the statement of cash flows for AB Brown, a Swedish firm. All amounts are in millions of Swedish kronor (SEK).


Prepare a statement of cash flows for AB Brown for the three years presented using the format in Exhibit 1.3.

Set cash flow from operations equal to revenues, net of expenses, from operations. The balance in cash at the beginning of 2011 was SEK30,412. AB Brown classifies changes in short-term investments as investingactivities.


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  • CreatedMarch 04, 2014
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