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The companies receive interest and dividends

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Two companies each incur interest expense of $16,000 and pay dividends of $30,000. In addition, the companies receive interest and dividends from investments of $8,000 and $12,000, respectively. 

How would the statements of cash flows differ if one company uses IFRS and the other uses U.S. GAAP?

Reference no: EM13867066

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