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Objective : Identify financial statement by type of information.

Assume Hi Tech, Inc., is expanding into Australia. The company must decide where to locate and how to finance the expansion. Identify the financial statement where these decision makers can find the following information about Hi Tech, Inc. In some cases, more than one statement will report the needed data.
a. Revenue

b. Dividends

c. Ending cash balance

d. Total assets

e. Selling, general, and administrative expense

f. Adjustments to reconcile net income to net cash provided by operations

g. Cash spent to acquire the building

h. Current liabilities

i. Income tax expense

j. Net income

k. Common stock

l. Ending balance of retained earnings

m. Income tax payable

n. Long-term debt.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92066822

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