fernandez122115
fernandez122115
24.10.2019 • 
Business

The footnotes to the amphlett corporation’s financial statements revealed the following additional information: 1. property and equipment costing $450 million was sold for its book value of $200 million. 2. long-term investments were sold for $150 million, which included a gain of $70 million. required: using the above financial data for the amphlett corporation prepare the firm’s statement of cash flow for 2016 using the indirect method. what does the company’s statement of cash flow reveal about the business’s financial health?

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