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P23.4 (LO 2, 4) (SCF-Direct Method) Michaels Company had avaitable at the end of 2020 the following information. Instructions Prepare a statement of cash flows

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P23.4 (LO 2, 4) (SCF-Direct Method) Michaels Company had avaitable at the end of 2020 the following information. Instructions Prepare a statement of cash flows for Michaels Company using the direct method accompanied by a reconciliation schedule. Assume the short-term investments are debt securities, classified as availablefor-sale

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