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Unformatted text preview: $888,000.00 Cash Used By Operating Activities $132,000.00 2. Preferably based on the cash flow statement, not the income statement, it would be determined that it would be an intelligent decision to join Duke Incorporated because it shows a positive cash flow. However the main question to be asked would be how Duke incorporated were expecting to raise capital? Would Duke incorporated achieve this by selling stock? What plans does this company have in expansion and longevity?...
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This note was uploaded on 01/26/2012 for the course BUSINESS Accounting taught by Professor N/a during the Spring '11 term at Kaplan University.
- Spring '11
- Financial Accounting