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With info below: a. What does a statement of cash flows look like for company for the year. Treat changes in non-operating assets as investing

With info below:

  1. a. What does a statement of cash flows look like for company for the year. Treat changes in non-operating assets as investing transactions and changes in non-operating liabilities as financing transactions.

b. what is the pattern of cash flows from operating, investing, and financing activities for company for the year. and what is most likely reason for pattern?

The comparative balance sheets of Company show the following information for a recent year (amounts in thousands of US$):

Change: Amount Direction

Cash 40,308a Increase

Accounts Receivable 15,351 Decrease

Inventories 15,117 Increase

Prepayments 16,776 Increase

Property, Plant, and Equipment (at Cost) 1,134,644b Increase

Accumulated Depreciation 264,088b Increase

Other Non-operating Assets 8,711 Increase

Accounts Payable 660 Decrease

Other Current Liabilities 114,596 Increase

Long-Term Debt 244,285 Increase

Other Non-operating Liabilities 140,026 Increase

Common Stock 96,991 Increase

Retained Earnings 340,879 Increase

Notes:

a. Cash was $378,511 at the beginning of the year and $418,819 at the end of the year.

b. Company did not sell any property, plant, and equipment during the year.

c. Net income was $474,378.

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