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Prepare a cash flow statement for Facebook, Inc. for the fiscal year ending December 31, 20X7, using the indirect method. Analyze the operating, investing, and
Prepare a cash flow statement for Facebook, Inc. for the fiscal year ending December 31, 20X7, using the indirect method. Analyze the operating, investing, and financing activities based on the following financial data:
- Net Income: $15 billion
- Depreciation Expense: $3 billion
- Increase in Accounts Receivable: $2 billion
- Decrease in Inventory: $1 billion
- Purchase of Property, Plant, and Equipment: $10 billion
- Proceeds from Issuance of Common Stock: $5 billion
- Repayment of Long-Term Debt: $7 billion
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