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Gilday Company reported the following financial statements for 2016 and 2017 : (Click the icon to view the income statement.) (Click the icon to view
Gilday Company reported the following financial statements for 2016 and 2017 : (Click the icon to view the income statement.) (Click the icon to view the comparative balance sheet.) Read the requirements. a. Compute the financing cash flows from new borrowing or payment of long-term notes payable. Gilday Company had only one long-term note payable transaction during the year (this long-term note payable is the only long-term liability that the company has). First, enter the formula and then compute the cash flow from new borrowing or payment . of long-term notes payable. (Abbreviation used: NP = Notes payable. Use a parentheses or a minus sign to show a payment of long-term notes payable.) Balance Sheet Balance Sheet
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