Excerpts of statements of cash flows reported by Kraft Foods, Kelloggs, and General Mills, three companies in

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Excerpts of statements of cash flows reported by Kraft Foods, Kellogg€™s, and General Mills, three companies in the food industry, are provided in the following table (dollars in millions):

Net Change in Cash $(393) Cash from Investments Cash from Cash from Company Operations Financing $(1,878) (1,050) (1,474

For each company compute the missing dollar amount, and briefly describe the company's cash management policy.

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Financial Accounting in an Economic Context

ISBN: 978-1119444367

10th edition

Authors: Jamie Pratt

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Question Posted: Dec 03, 2018 05:53 AM

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Excerpts of statements of cash flows reported by Kraft Foods, Kelloggs, and General Mills, three companies in

Question:

Net Change in Cash $(393) Cash from Investments Cash from Cash from Company Operations Financing $(1,878) (1,050) (1,474) Kraft Foods $2,020 (573) (1,602) Kellogg's 1,793 General Mills ? (533)

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Kraft Foods Cash outflow from Investments 535 calculated as follows 2020 X 187...View the full answer

Financial Accounting in an Economic Context

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