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Use the Company Z information for the next four questions. Company z CONSOLIDATED STATEMENTS OF CASH FLOWS 2020 2019 ${673.0) $34.7 Cash flows from operating

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Use the Company Z information for the next four questions. Company z CONSOLIDATED STATEMENTS OF CASH FLOWS 2020 2019 ${673.0) $34.7 Cash flows from operating activities: Net (loss) income Adjustments to reconcile net (loss) income to net cash flows from operating activities: Depreciation Asset Impairments Stock-based compensation Deferred Income taxes Loss on disposal of equipment Gain from sale of building Other Changes in operating assets and liabilities: Accounts Receivable Merchandise inventories Prepaid expenses Income taxes payable Accounts payable Nat cash flows (used in provided by operating activities 126.9 1,015.9 10.7 (4.1) 2.0 (100.8) 6.9 151.9 395.1 25.6 (107.9) 8.5 (6.4) (10.5) (34.4) 12.6 22 (18.7) (21.1) 325.1 35.7 (1972) (1.2) (24.7) 131.3 434.9 Company Z's income taxes payable increased during 2020. O True O False Company Z's accounts receivable decreased during 2020. True O False During 2020, Company Z sold a building for more than its net book value True False

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