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Culinary Delights Company
Use the financial statements for Culinary Delights Company to answer the questions that follow.
Consolidated Statement of Earnings and Retained Earning
-Refer to the financial statements for Culinary Delights Company.
Required
(A)Culinary Delights' cash flow from operations for 2018 is $323,847 (in thousands).Evaluate Culinary Delights' short-term cash flow position during 2018.Is the company in danger of problems? Explain.
(B)Evaluate Culinary Delights' inventory management during 2018.
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