BC Inc. began operations in early 2015. Summaries of the statements of cash flows for 2017, 2016,
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a. Compute the missing dollar amounts, and briefly comment on the companys cash management policies during the three-year period.
b. Does the company appear to have faced any solvency problems during the period? Explain your answer.
Solvency means the ability of a business to fulfill its non-current financial liabilities. Often you have heard that the company X went insolvent, this means that the company X is no longer able to settle its noncurrent financial...
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