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Bonita Company reports the following:
End of Year Beginning of Year
Inventory $24100 $42400
Accounts Payable 21600 12600
Problem 1: If cost of goods sold for the year is $220700, the amount of cash paid to suppliers is
Problem 2: In Sheridan Company, net income is $285700. If accounts receivable increased $140400 and accounts payable decreased $39600, net cash provided by operating activities using the indirect method is:
Problem 2: Waterway Company purchased treasury stock with a cost of $17500 during 2019. During the year, the company paid dividends of $20000 and issued bonds payable for proceeds of $864000. Cash flows from financing activities for 2019 total
Financial Statement Analysis and Preparation
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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