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Crosby Corporation Cash Flow Statement

Ch. 2 of Foundations of Financial Management

Complete Problems 27, 28, and 29 on pp. 51-53.

27. Prepare a statement of cash flows for the Crosby Corporation. Follow the general procedures indicated in Table 2-10 on page 38 .

28. Describe the general relationship between net income and net cash flows from operating activities for the firm.

29. Has the buildup in plant and equipment been financed in a satisfactory manner? Briefly discuss.

Solution Summary

Crosby Corporation cash flow statement is analyzed. The general procedures of a statement of cash flows is determined.