Business
Accounting
The following items are excerpted from an annual report of

The following items are excerpted from an annual report of a large retailer. Requirements 1. Why is

Question:

The following items are excerpted from an annual report of a large retailer.

Requirements
1. Why is depreciation listed on the statement of cash flows?
2. Explain in detail each investing activity.

Transcribed Image Text:

Consolidated Statement of Cash Flows (Partial, Adapted) For the Year Ended December 30, 2014 (amounts in millions) Cash flow from operating activities: Net income Noncash items: $ 185.1 90.9 Cash flow from investing activities: $(233.6) (0.6) 17.0 ent Disposal of assets

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Related Book For answer-question

Financial Accounting

ISBN: 978-0133472264

5th Canadian edition

Authors: Charles Horngren, William Thomas, Walter Harrison, Greg Berberich, Catherine Seguin

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Question Posted: Oct 13, 2016 09:29 AM

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