7-Lafarge_case - (c All accounts payable relate to...

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LAFORGE COMPANY CASE The following information is also available for 2005: (a) Plant assets were sold for their book value of $200 during the year. The assets had an original cost of $330. (b) Cash dividends totaling $75 were paid during the year.
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Unformatted text preview: (c) All accounts payable relate to inventory purchases. (d) All purchases of plant assets were cash transactions. Prepare a statement of cash flows for 2005 using the indirect method....
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This note was uploaded on 05/04/2008 for the course ACCT 3320 taught by Professor Frankzhang during the Summer '06 term at University of Texas at Dallas, Richardson.

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