Assume the following are the fiscal year income statement and balance sheets of Abercrombie &...
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Accounting
Assume the following are the fiscal year income statement and balance sheets of Abercrombie & Fitch.
Forecast its fiscal year 2017 income statement, its 2017 fiscal year-end balance sheet, and fiscal year 2017 statement of cash flows using the following relations (cost of goods sold can be inferred as sales minus gross profit; assume no change for all other accounts not listed).
What is the forecasted 2017 net cash flow from operating activities?
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