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The statement of cash flows is one of the four primary financial statements.
1. Describe the content and layout of a statement of cash flows, including it three sections.
2. List at least three transactions classified as investing activities in a statement of cash flows.
3. List at least three transactions classified as financing activities in a statement of cash flows.
4. List at least three transactions clssified as significant noncash financing and investing activities in the statement of cash flows.
On April 14, 1994, Bill Shaw, retired policeman, offered to sell Thurgood his 1965 Mustang convertible for= $1,000.
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Suppose that Interest Rate Parity holds. The spot rate for Euro is $1.20 and the one year forward rate is $1.23. Find out the annual rate of interest on deposits in United States?
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As the bank is also doing lot of record keeping, firm’s administrative cost would reduce by $2,000 per month. What suggestion would you provide firm with respect to proposed cash management suppose the firm’s opportunity cost is 12%?
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