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Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
Edition 17ISBN: 978-0078025778Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
Edition 17ISBN: 978-0078025778 Exercise 16
Cash Flows from Financing Activities
Shepherd Industries had the following cash flows by major categories during the current year:
a. Calculate the net amount of cash provided by or used for financing activities for the year.
b. Briefly justify why you excluded any of the above items in your calculation in part a.
c. Briefly explain your treatment of interest expense in your calculation in part a.
Shepherd Industries had the following cash flows by major categories during the current year:
a. Calculate the net amount of cash provided by or used for financing activities for the year.
b. Briefly justify why you excluded any of the above items in your calculation in part a.
c. Briefly explain your treatment of interest expense in your calculation in part a.
Explanation
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Cash flow statement: It is part of finan...
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
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