FIN 200 assignment_cash_flow_preparation

Apr 16th, 2015
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Hi there.This document contains A+ work for the course FIN 200.I am sure that this work will not disappoint you.This document will give you the correct answers to the respective questions about the particular course.

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27. Prepare a statement of cash flows for the Crosby Corporation. Follow the general procedures indicated in Table 2-10 on page 38.CROSBY CORPORATIONStatement of Cash FlowsFor the Year Ended December 31, 2008Cash flows from operating activities: Net income (earnings after taxes) . . . . . . . . . . . . . . . . . . . . . . $160,000 Adjustments to determine cash flow from operating activities: Add back depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $150,000 Increase in accounts receivable . . . . . . . . . . . . . . . . . . . . . . (50,000)

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