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This Question: 26 pts til 3 of 5 (4 complete) The comparative balance sheet of Smiley Movie Theatre Company at March 31, 2017, reported the

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This Question: 26 pts til 3 of 5 (4 complete) The comparative balance sheet of Smiley Movie Theatre Company at March 31, 2017, reported the following: E (Click the icon to view the current accounts.) Smiley's transactions during the year ended March 31, 2017 included the following: (Click the icon to view the transaction data.) Requirements 1. Prepare Smiley Movie Theatre Company's statement of cash flows for the year ended March 31, 2017, using the operating activities. Report non-cash investing and financing activities in an accompanying schedule. 2. Evaluate Smiley's cash flows for the year. Mention all three categories of cash flows and give the reason for your Non-cash investing and financing activities: Acquisition of land by issuing note payable 100,000 Requirement 2. Evaluate Smiley's cash flows for the year. Mention all three categories of cash flows, and give the reas Smiley Movie Theatre's cash flow looks Operations The company is appears reasonable. strong Enter any number in the edit fields and to the next question The weak This course (COM 204 Section 1) is based on Harrison: Financial Accounting, Sixth Canadian Edition ooks Operations of cash flows, and give the reason for your ew The company is s and then continue to the are a drain on cash flows are the main source of cash ection 1) is based on Harrison: Financial Accounting, Sixth Canadian Edition ee categories of cash flows, and give the reason for your evaluation. The company is The financing th stion. investing in new assets selling plant assets to generate cash ? appears reasonable. E cash inflow ne edit fields and then cor cash outflow This course (COM 204 Section 1) is based This Question: 26 pts til 3 of 5 (4 complete) The comparative balance sheet of Smiley Movie Theatre Company at March 31, 2017, reported the following: E (Click the icon to view the current accounts.) Smiley's transactions during the year ended March 31, 2017 included the following: (Click the icon to view the transaction data.) Requirements 1. Prepare Smiley Movie Theatre Company's statement of cash flows for the year ended March 31, 2017, using the operating activities. Report non-cash investing and financing activities in an accompanying schedule. 2. Evaluate Smiley's cash flows for the year. Mention all three categories of cash flows and give the reason for your Non-cash investing and financing activities: Acquisition of land by issuing note payable 100,000 Requirement 2. Evaluate Smiley's cash flows for the year. Mention all three categories of cash flows, and give the reas Smiley Movie Theatre's cash flow looks Operations The company is appears reasonable. strong Enter any number in the edit fields and to the next question The weak This course (COM 204 Section 1) is based on Harrison: Financial Accounting, Sixth Canadian Edition ooks Operations of cash flows, and give the reason for your ew The company is s and then continue to the are a drain on cash flows are the main source of cash ection 1) is based on Harrison: Financial Accounting, Sixth Canadian Edition ee categories of cash flows, and give the reason for your evaluation. The company is The financing th stion. investing in new assets selling plant assets to generate cash ? appears reasonable. E cash inflow ne edit fields and then cor cash outflow This course (COM 204 Section 1) is based

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