Question: QUESTION 4 ( 5 marks ) : Ritchie Co . had the following activity during a recent period: Instructions a ) Prepare the cash flows
QUESTION marks :
Ritchie Co had the following activity during a recent period:
Instructions
a Prepare the cash flows from operating activities section of the Statement of Cash Flows.
b Comment on the changes in accounts receivable, accounts payable and inventory for Ritchie.
Would you normally expect the changes in these three accounts to be related?
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