Hudson Ltd. is a private company reporting under ASPE. Its income statement and changes in current assets

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Hudson Ltd. is a private company reporting under ASPE. Its income statement and changes in current assets and current liabilities for the year are reported below:

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Instructions

Prepare the operating activities section of the cash fl ow statement using the direct method.

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Accounting Principles Volume 2

ISBN: 978-1119502555

8th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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