20 May 2018

Consider the following balance sheets and selected data from the income statement of Keith Corporation Answer

P4–6 Finding operating and free cash flows Consider the following balance sheets and selected data from the income statement of Keith Corporation. December 31 Assets 2015 2014 Cash $ 1,500 $ 1,000 Marketable securities 1,800 1,200 Accounts receivable 2,000 1,800 Inventories 2,900 2,800 Total current assets $ 8,200 $ 6,800 Gross fixed assets $29,500 $28,100…

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