Use the California Company data in Exercise E10-34A to show how the company reported cash flows from
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g-term debt$17,045 Dividends paid s 235 55,000 year1,997 Proceeds from issuance Net sales: of commorn 8,420 Current year Preceding year Total liabilities: 32,319 Net income: Current year-end.3 Preceding year-end38,023 Current year1,884 Preceding yea.. Total stockholders' equity: 23,479 Operating income: Current year-end Preceding year-end 14,035 6,580 Current year.. 9,980 Preceding year..40 Borrowin
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Financial accounting
ISBN: 978-0132751124
9th edition
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
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