Using the data from M12-6, calculate the maximum investing cash inflows that could be reported under IFRS.

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Using the data from M12-6, calculate the maximum investing cash inflows that could be reported under IFRS. Using data from M12-7, calculate the maximum financing cash flows that could be reported under IFRS.

Data From M12-6:

Based on the following information, compute cash flows from investing activities under GAAP.

Cash collections from customers Purchase of used equipment Depreciation expense Sale of investments Dividends

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Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Question Posted: Dec 18, 2023 08:02 AM

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Using the data from M12-6, calculate the maximum investing cash inflows that could be reported under IFRS.

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Sure based on the image you sent the data for M126 is Description Amount Cash collections from custo...View the full answer

Fundamentals of Financial Accounting

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