Abdullah Company reported the following information on its statement of cash flows. Interest expense for the past

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Abdullah Company reported the following information on its statement of cash flows.

Abdullah Company reported the following information on its state

Interest expense for the past three years has been $372, $420, and $514. The company does not pay dividends. What information about the company€™s future prospects is communicated by its investing and financing activities during this period? Does the company appear to be a good prospect for new debt financing to be spent on additional capitalassets?

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Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

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