Business, 01.04.2020 15:52 bjbass899

It is to say that Green Caterpillar’s net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company’s annual contribution to retained earnings, $1,649,600 and $2,011,400, respectively. This is because of the items reported in the income statement involve payments and receipts of cash.

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It is to say that Green Caterpillar’s net inflows and outflows of cash at the end of Years 1 and 2...