Reference no: EM131598751
Question - This information is for CORP ABC for the year ended December 31, 2017.
Cash received from lenders$20,000
Cash received from customers 50,000
Cash paid for new equipment 28,000
Cash dividends paid 8,000
Cash paid to suppliers 16,000
Cash balance 1/1/1712,000
(a) Need 2017 statement of cash flows for CORP ABC
(b) Suppose you are one of Williams' creditors. Referring to the statement of cash flows, evaluate Williams' ability to repay its creditors.
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