Question: The following information is obtained from the comparative balance sheets for Murray Company: Required: 1. Calculate the change in cash flow. 2. Explain the role

The following information is obtained from the comparative balance sheets for Murray Company:

The following information is obtained from the comparative balan

Required:
1. Calculate the change in cash flow.
2. Explain the role of the change in cash flow in the statement of cashflows.

Murray Company Comparative Balance Sheets For the Years Ended December 31, 2009 and 2010 2009 2010 Cash $175,000 $437,500

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