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Wipfli was also able to move into the black in terms

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Unformatted text preview: incurred a loss on the sale of investments whereas 2008 brought a net gain of $1,763,300 with investments sold. Furthermore, Wipfli’s Accounts recievables dropped $3,042,100 between 2007 and 2008. An increase of $1,446,600 to Accrued liabilities only resulted in a $291,500 loss to Net cash provided by operating activities. Capital expenditures nearly tripled between 2007...
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