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Business, 13.07.2021 16:00 pc103919

Suppose Siam Traders has the following results related to cash flows for 2020: Net Income of $7,200,000
Increase in Accounts Payable of $600,000
Increase in Accounts Receivable of $100,000
Decrease in Debt of $700,000
Depreciation Expenses of $2,000,000
Dividends Paid of $500,000
Decrease in Inventory of $1,000,000
Purchases of Property, Plant, & Equipment of $8,300,000
Other Adjustments from Financing Activities of -$100,000
Other Adjustments from Investing Activities of $400,000
Other Adjustments from Operating Activities of -$200,000

Requried:
Create a statement of cash flows with amounts in thousands.

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Answers: 2

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Suppose Siam Traders has the following results related to cash flows for 2020: Net Income of $7,200...
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