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Question: Situation
- You are evaluating a young company for a potential investment.
- You have visited with the company and met with the CEO and the CFO.
- They provided you with the income statement and the balance sheet.
- To complete the analysis, your task is to construct a statement of cash flows for year 2014.
- Consider this extra set of facts:
o NH purchased a 3-year old equipment that looked brand new for $75,000 o NH sold some equipment that it no longer needed for $25,000
o NH paid dividends of $20,000 to equity investors in 2014.
Attachment:- nh nursery.xlsx
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