Hilton Hotels Corporation constructs, operates, and franchises domestic and international hotel and hotel- casino properties. Information from

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Hilton Hotels Corporation constructs, operates, and franchises domestic and international hotel and hotel-

casino properties. Information from the company's recent annual statement of cash flows indicates the following investing and financing activities during that year (simplified, in millions of dollars): image text in transcribed

Required:
Prepare the investing and financing sections of the statement of cash flows for Hilton Hotels. Assume that year-end is December 31, 2003.

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Financial Accounting

ISBN: 9780070891739

1st Canadian Edition

Authors: Robert Libby

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Question Posted: Jul 01, 2024 11:07 AM

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Hilton Hotels Corporation constructs, operates, and franchises domestic and international hotel and hotel- casino properties. Information from

Question:

Additional borrowing from banks Purchase of investments $438.5 282.2 Sale of property (assume sold at cost) 5.4 Issuance of stock 2.9 Purchase and renovation of properties 274.5 Payment of debt principal Receipt of principal payment on a note receivable 32.2 5.4

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Financial Accounting

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