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F. What is cash provided by operations during 2022? South Sea Baubles has the following (incomplete) balance sheet and income statement. Required: a&b. What is
F. What is cash provided by operations during 2022?
South Sea Baubles has the following (incomplete) balance sheet and income statement. Required: a\&b. What is shareholders' equity in 2021 and 2022? c\&d. What is net working capital in 2021 and 2022? e. What are taxes paid in 2022 ? Assume the firm pays taxes equal to 21% of taxable income. f. What is cash provided by operations during 2022 ? g. Net fixed assets increased from $800 million to $900 million during 2022 . What must have been South Sea's gross investment in fixed assets during 2022 ? h. If South Sea reduced its outstanding accounts payable by $35 million during the year, what must have happened to its other current liabilitiesStep by Step Solution
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