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Using the above investing cash flow statement from Costco Corporation, answer the following question: What created the largest cash outflow and largest cash inflow in
Using the above investing cash flow statement from Costco Corporation, answer the following question:
What created the largest cash outflow and largest cash inflow in the most recent year (2018). Did investing activities provide or use cash for each of the years prevented? Explain.
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Investing Activities 2014 2015 2016 2017 2018 + Capital Expenditures (1.99B) (2.39B) (2.65B) (2.5B) (2.97B) Capital Expenditures (Fixed Assets) (1.99B) (2.39B) (2.65B) (2.5B) (2.97B) Capital Expenditures (Other Assets) Net Assets from Acquisitions Sale of Fixed Assets & Businesses Purchase/Sale of Investments (97M) (2.5B) 2.41B (3M) 106M (1.28B) 1.39B (67M) 277M (1.43B) 1.71B 18M (1.06B) 1.08B Purchase of Investments Sale/Maturity of Investments 1.43B Other Uses Other Sources + Net Investing Cash Flow (20M) 27M 30M 4M (2.09B) (2.48B) (2.35B) (2.37B) (2.958)Step by Step Solution
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