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1. How is increase in assets recorded on a statement of cash flows?

2. How is an increase in liabilities recorded on a statement of cash flows?

3. Facebook, Inc. (FB) morning trading stock price on Sep 11, 2017 was $173.10 per share, and reported earnings per share (basic) in the Dec. 31, 2016 Annual Report were $3.56, calculate the PE ratio.

Financial Management, Finance

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