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Unformatted text preview: the liabilities exceed the dividends/equity. c. The company has $13,217 in total Assets. d. In 20X4, the company owed $8,613; at the end of 20X5, the company owed $8,344. This trend is a good trend with compared to the Asset trend because assets are increasing and liabilities are decreasing. e. The companys main source of cash is cash provided by operating activities and is increasing. The companys ability to generate cash is good seeing as how over one year there is an increase in cash flow....
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This note was uploaded on 04/17/2008 for the course ACG 2021 taught by Professor Hornik during the Spring '08 term at University of Central Florida.
- Spring '08
- Financial Accounting