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An Abbreviated Set of Financial Statements for Caraba's Company for 2017

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Essay

An abbreviated set of financial statements for Caraba's Company for 2017 and 2016 is shown below:
An abbreviated set of financial statements for Caraba's Company for 2017 and 2016 is shown below:   Required: Prepare the cash flows from investing and financing activities sections of the 2017 statement of cash flows.
Required:
Prepare the cash flows from investing and financing activities sections of the 2017 statement of cash flows.


Definitions:

Entropy

The second law of thermodynamics, whereby over time a system naturally moves toward chaos and disorder, and dissipates. An open system staves off entropy through adaptation to change and is hence negentropic.

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