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Consider each of the following independent situations For each company, provide a brief discussion interpreting these financial facts. For example, you might discuss the company's
Consider each of the following independent situations For each company, provide a brief discussion interpreting these financial facts. For example, you might discuss the company's financial health or its apparent growth philosophy. The retained eamings statement of Lee Corporation shows dividends of $68,000, while net income for the year was $75,000 1 T T oWord(s) e Textbook and Media The statement of cash flows for Steele Corporation shows that cash provided by operating activities was $10,000, cash used in inwesting activities was $110,000, and cash provided by financing activities was $130,000. T B T, oWord(s)
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