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Fuller Corporation had the following transactions during the current financial reporting period.
Net Profit $42,000 Depreciation $44,000 Increase in accounts receivable $16,600 Increase in inventories $32,500 Decrease in accounts payable $15,000 Decrease in income taxes payable $39,500 Decrease in wages payable $18,000 Proceeds on Sale of Equipment $53,000 Repayment of bonds $59,000 Issuance of Common shares $37,000 Proceeds on sale of land $57,000 Loss on sale of land $7,300 Payment of dividends $9,000
Problem 1: Determine the cashflow for Operating, Investing & Financing activities for the company and the net change in cash.
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What amount of profit is attributable to the common shareholders for 20X9? What is the weighted average number of common shares outstanding
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