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Crispy Chicken Inc. owns or franchises more than 90 fast food outlets. In a recent year, the Crispy Chicken reported the following Information (in
Crispy Chicken Inc. owns or franchises more than 90 fast food outlets. In a recent year, the Crispy Chicken reported the following Information (in thousands of Canadian dollars) Net earnings Purchases of property and equipment Increase in accounts payable Issue of shares Depreciation and amortization Proceeds from sale of discontinued operations Repayment of long-term debt Increase in accounts receivable Payment of dividends $2,657 4,310 1,387 1,291 3,248 780 3,077 276 461 Required: 1. Based on this information, prepare the investing and financing activities sections of the statement of cash flows. (Negative answers should be indicated by a minus sign. Enter your answers in millions.) Cash flows from investing activities Net cash Boas from investing activities Cash flows from financing activities
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