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Use the balance sheet and income statement below: CLANCY S DOG BISCUIT CORPORATION Balance Sheet as of December 3 1 , 2 0 2 4
Use the balance sheet and income statement below:
CLANCYS DOG BISCUIT CORPORATION
Balance Sheet as of December and
in millions of dollars
Assets Liabilities and Equity
Current assets: Current liabilities:
Cash and marketable securities $ $ Accrued wages and taxes $ $
Accounts receivable Accounts payable
Inventory Notes payable
Total $ $ Total $ $
Fixed assets: Longterm debt $ $ Use the balance sheet and income statement below:
Prepare a statement of cash flows for Clancy's Dog Biscuit Corporation.
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