question archive You are researching Time Manufacturing and have found the following accounting Page 3 statement of cash flows for the most recent year

You are researching Time Manufacturing and have found the following accounting Page 3 statement of cash flows for the most recent year

Subject:AccountingPrice: Bought3

You are researching Time Manufacturing and have found the following accounting Page 3 statement of cash flows for the most recent year. You also know that the company paid $81 million in current taxes and had an interest expense of $38 million. Use the accounting statement of cash flows to construct the financial statement of cash flows. TIME MANUFACTURING Statement of Cash Flows ($ in millions) Operations Net income $187 Depreciation 74 Deferred taxes 11 Changes in assets and liabilities un (2...mp4 Bbwf-dosc-ewn (2....mp4 Individual Self-Cer.pdf here to search BI 2 44°F 50 (16,90 Assig Alab Alab My Mail M McG ?? Live DCF App Fina 3 USC D?? + prod.reader-ul.prod.mheducation.com/epub/sn_0f45/data-uuid-5096134e25e2401694115ba30453d840 < ?? Changes in assets and liabilities Accounts receivable -12 Inventories 15 Accounts payable 11 Accrued expenses -6 Other 2 Total cash flow from operations $282 Investing activities Acquisition of fixed assets -$194 Sale of fixed assets 19 Total cash flow from investing activities -$175 Financing activities Retirement of long-term debt -$145 Proceeds from long-term debt sales 110 Dividends -67 Repurchase of stock -32 Proceeds from new stock issue 39 Total cash flow from financing activities -$ 95 Change in cash (on balance sheet) $ 12 bwf-dosc-ewn (2....mp4 Individual Self-Cer...pdf O Rt e 96

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