Examine the statement of cash flows of Chadwell Company. Suppose Chadwell's operating activities provided, rather than used,
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Suppose Chadwell's operating activities provided, rather than used, cash. Identify three things under the indirect method that could cause operating cash flows to be positive.
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Chadwell Company Consolidated Statement of Cash Flows (Adapted, In Millions) Year Ended December 31, 2016 2 Cash flows from operating activities: Net income 875 to reconcile net used in operating activities 6 Depreciation and amortization 7 Change in assets and liabilities,.net of acquired businesses: 4701 160 167 238) 25 266 Increase in Accounts receivable Increase in Other current assets Decrease in Accounts payabl Increase in Unearned revenue Decrease in Income taxes payable 10 11 Decrease in Accrued expenses and other liabilities 1리 13 14 |ーーIncreaseinote.net 15 Net cash used in operating activities 16 Cash flows from investing activities: 17Purchase of property and equipment 18 19 Sale of investments 0 Acquis 21Net cash used in investing activities 22 Cash flows from financing activities: 23 153 (1.593 (21,282) 19,286 Purchase of investments of other Proceeds from the issuance of common stock, net 835 24 Other financing activitles,.net 25 Net cash provided by financing activities 26Impact of foreign currency translation 27 Net increase idecrease) in cash and cash equivalents 28 Cash and cash equivalents at beginning of year 29 Cash and cash equivalents at end of year 13 18 874
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Related Book For
Financial Accounting
ISBN: 978-0134127620
11th edition
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
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