Refer to A Broader Perspective on page 598. Answer the following questions: a. What was the major

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Refer to "A Broader Perspective" on page 598.

Answer the following questions:

a. What was the major investing activity in 1996?

b. Was there a net negative or positive cash flow from investing activities?

c. Was the positive cash flow from operating activities large enough to pay the cash dividends?

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Financial Accounting A Business Perspective

ISBN: 9780072289985

7th Edition

Authors: Roger H. Hermanson, James Don Edwards

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