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BLT Electronics Inc. manufactures parts, components, and processing equipment for electronics and semiconductor applications in the communications, computer, automotive, and appliance industries. Its sales
BLT Electronics Inc. manufactures parts, components, and processing equipment for electronics and semiconductor applications in the communications, computer, automotive, and appliance industries. Its sales tend to vary with changes in the business cycle because the sales of most of its customers are cyclical. Balance sheets for BTB as of December 31, Year 7 through Year 9, and income statements for Year 8 and Year 9 are presented below. Determine the following cash flow statement amounts: a. Net cash flow from operating activities for Year 8. (3 points) b. Net cash flows from investing activities for Year 8. (3 points) c. Net cash flows from financing activities for Year 8. (3 points) d. Net cash flows from operating activities for Year 9. (3 points) e. Net cash flows from investing activities for Year 9. (3 points) f. Net cash flows from financing activities for Year 9. (3 points)
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