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 If you were Given that Depreciation expenses = 3

Finance

 If you were Given that Depreciation expenses = 3.6 and Net Income = 10.6 And the following information in the table. Prepare a statement of cash flows. Assets 2014 2013 Liabilities and 2014 2013 stockholders equity Current Current Assets liabilities Cash 3.6 58.5 Accounts 87.6 73.5 payable Accounts 55.5 39.6 Notes Payable 10.5 9.6 Receivables Inventories 45.9 42.9 Current 39.9 36.9 maturities of other debt Other current 6 Other current 6 12 assets liabilities Long Term Long term liabilities Land 66.6 62.1 Long term- 239.7 168.9 debt Buildings 109.5 91.5 Deferred taxes 22.8 22.2 Equipment 119.1 99.6 Total long. 262.5 191.1 term liabilities Less (56.1) (52.5) Total 406.5323.1 accumulated liabilities depreciation Net property. 239.1 200.7 Stockholders' 126.6 63.6 plant and equity equipment Goodwill 60 Total 533.1 386.7 liabilities and stockholder's equity Other long- 63 42 term assets Total long- 362.1 242.7 term assets Total assets 533.1 386.7 assets 0

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