The following information was taken from the 2008 annual report-statements of cash flows-of Goodrich Corporations, a major

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The following information was taken from the 2008 annual report-statements of cash flows-of Goodrich Corporations, a major company in the aerospace and defense industry (dollars in millions).

REQUIRED:What does this pattern of cash flows indicate about Goodrich??s business strategy, performance, and cash balances from 2006 to2008?

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Financial Accounting in an Economic Context

ISBN: 978-0470635292

8th Edition

Authors: Jamie Pratt

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Question Posted: Oct 30, 2011 11:33 AM

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The following information was taken from the 2008 annual report-statements of cash flows-of Goodrich Corporations, a major

Question:

Cash from Investing (250.6) (279 3) (410.0) Cash from Financing (90.4) (202.5) (414.4) Cash from Operations 265.5 Year 2006 2007 2008 593.7 786.6

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From the data given about the Goodrich Corporation it can be surmised that Goodrich has done a good ...View the full answer

Financial Accounting in an Economic Context

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