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Assume the following income statement and balance sheet information: Other information: All dividends were paid in cash. The short-term investments will be converted to cash

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Assume the following income statement and balance sheet information: Other information: All dividends were paid in cash. The short-term investments will be converted to cash in 60 days. No gain or loss occurred when common shares were repurchased. Required: 1. Calculate cash flow from operating activities. 2. Calculate the amount of dividends paid during the year. 3. Calculate cash flow used by financing activities

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