Refer to Panera Bread's statement of cash flows for the year ended December 29, 2015, as reproduced
Question:
Refer to Panera Bread's statement of cash flows for the year ended December 29, 2015, as reproduced at the end of the book.
Required
1. What amount did the company spend on additions to property and equipment during the year? Determine the effect on the accounting equation of these additions.
2. What amount did the company receive from the issuance of long-term debt during the year?
Determine the effect on the accounting equation from the issuance of this long-term debt.
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1 223932000 The effect of the additions to property and equipment can be identified and analyzed as ...View the full answer
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Related Book For 
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1337491471
10th edition
Authors: Gary A. Porter, Curtis L. Norton
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