This information is for OBrien Corporation for the year ended December 31, 2012. Instructions (a) Prepare the

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This information is for O’Brien Corporation for the year ended December 31, 2012.

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Instructions

(a) Prepare the 2012 statement of cash flows for O’Brien Corporation.

(b) Suppose you are one of O’Brien’s creditors. Referring to the statement of cash flows, evaluate O’Brien’s ability to repay its creditors.

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Accounting Tools For Business Decision Making

ISBN: 9780470534786

4th Edition

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

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Question Posted: Jun 07, 2024 01:22 AM

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This information is for OBrien Corporation for the year ended December 31, 2012. Instructions (a) Prepare the

Question:

Cash received from lenders Cash received from customers Cash paid for new equipment Cash dividends paid Cash paid to suppliers Cash balance 1/1/12 $20,000 50,000 28,000 8,000 16,000 12,000

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Accounting Tools For Business Decision Making

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