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Based on the following information, compute cash flows from investing activities under IRFS. Cash collections from customers Purchase of used equipment Depreciation expense Sale of
Based on the following information, compute cash flows from investing activities under IRFS. Cash collections from customers Purchase of used equipment Depreciation expense Sale of investments Dividends received Interest received $895 390 219 545 195 219 s 345 1,390 495 2,990 Purchase of investments Dividends paid Interest paid Additional borrouing from bank Required: a. Calculate the maximum investing cash inflows that could be reported under IFRS b. Calculate the maximum financing cash flows that could be reported under IFRS a Maximum Investing Cash Inflows b. Maximum Financing Cash Inflows
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