Consider three independent cases for the cash flows of 424 Promenade Shoes. For each case, identify from
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Cash flows from operating activities Depreciation and amortization 12,000 12,000 (5,000) (19,000) Decrease in current liabilities 2,000 … Cash flows from investing activities: Acquisition of plant assets Sales of plant assets tassets(99,000) (66,000) Cash flows from financing activities: Issuance of (27,000) (20,000) Net increase (decrease) in cash.521,000
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Case A The sale of plant assets generated the cash n...View the full answer
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Related Book For
Financial accounting
ISBN: 978-0136108863
8th Edition
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
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