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M 1 2 - 8 ( Algo ) Computing Cash Flows under IFRS [ LO 1 2 - 1 ] Based on the following information,
MAlgo Computing Cash Flows under IFRS LO
Based on the following information, compute cash flows from investing activities under IFRS.
Table
Cash collections from customers $
Purchase of used equipment
Depreciation expense
Sale of investments
Dividends received
Interest received
Table
Purchase of investments $
Dividends paid
Interest paid
Additional borrowing from bank
Required:
Calculate the maximum investing cash inflows that could be reported under IFRS using the first table.
Calculate the maximum financing cash flows that could be reported under IFRS using the second table.
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