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The forecasted statement of cash flows uses both the forecasted income statement or the balance sheet. 1. When projecting the statement of cash flows, the

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The forecasted statement of cash flows uses both the forecasted income statement or the balance sheet. 1. When projecting the statement of cash flows, the following represent operating cash outflows (check all that apply): Decrease in accounts receivable. Increase in inventory Decrease in accounts payable Increase in wages payable Increase in property, plant, and equipment 2. A) B) C) D) E) Nike Inc. anticipates that sales in 2018 will grow by5%. The company reports the following in its December 2017 financial statements: 1. Sales Property plant and equipment, Dec. 31, 2017 Property plant and equipment, Dec. 31, 2016 2017 Depreciation expense/ PPE, Dec. 31, 2016, 2017 Capital expenditures / 2017 Sales Forecast the company's 2018 Sales, depreciation expense, and cash outflow to acquire $114,620 $28,160 $26,470 8.5% 2.6% new Property, plant and equipment

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