Identify risks and controls. (LO 8) Using the Pier 1 statement of cash flows shown in E9-17A,
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Identify risks and controls. (LO 8)
Using the Pier 1 statement of cash flows shown in E9-17A, determine whether or not the firm appears to be taking advantage of new investment opportunities. Is the firm in a growth stage or a more mature stage of its business life? What evidence supports your opinion?
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