Accounting and Cash Flows You work for a private airport that has just purchased a new radar

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Accounting and Cash Flows You work for a private airport that has just purchased a new radar system from the UK for £3.5 billion. You have paid £100 million up front with the rest to be paid in three months.

Explain how these figures would appear on an accounting statement and a statement of cash flows.

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Corporate Finance

ISBN: 9781526848093

4th Edition

Authors: David Hillier

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