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Unformatted text preview: Cash Flows from Financing Activities Issuance of Common Stock 300,000 Net increase in cash 288,000 Cash Flows for March 2006 $288,000 * – Sales revenue plus decrease in accounts receivable. ** – Cost of goods sold, plus increase in inventory, less increase in accounts payable. ***– Selling and Administrative expenses, plus decrease in payables for selling and administrative expenses....
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This note was uploaded on 09/08/2010 for the course ACCOUNTING 320 taught by Professor Hickman during the Spring '10 term at Heidelberg.
- Spring '10