The financial statements of Green Mountain Coffee are presented in Appendix B, following the financial statements for

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The financial statements of Green Mountain Coffee are presented in Appendix B, following the financial statements for Starbucks in Appendix A.

\section*{Instructions}

(a) Based on the information in these financial statements, determine each of the following for each company:

(1) Cash used in (for) investing activities during 1996 (from the statement of cash flows)

(2) Cash used for investments in joint ventures and equity investments during 1996

(3) Total investments in joint ventures and equity investments at the end of fiscal 1996

(b) What conclusions concerning the management of investments can be drawn from these data?

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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