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Use the following information to calculate operating and financing cash flows. Net Income/(Loss) Decrease in accounts receivable Cost of Goods Sold Increase in accrued expenses
Use the following information to calculate operating and financing cash flows. Net Income/(Loss) Decrease in accounts receivable Cost of Goods Sold Increase in accrued expenses Increase in inventory Increase in equipment Decrease in accounts payable Decrease in bonds payable Depreciation expense Increase in common stock Increase in retained earnings What are operating cash flows? What are financing cash flows 4,000 (2,000) 1,000 5,000 10,000 3,000 (4,000) (2,000) 5,000 9,000 1,000 You buy a share of stock today for $290 and receive quarterly dividends of $ 3.60 at the end of each quarter for the next 2 years, and sell the stock for $ 296 at the end of two years. What is the annual return on your investment? Round your final answer as a percentage to one decimal place (e.g. 15.8%)
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