I dont understand what I am doing wrong for A, could someone show me the...
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Accounting
I dont understand what I am doing wrong for A, could someone show me the steps of how to do it?
Cash collections from customers 895 $ 390 Purchase of used equipment 219 Depreciation expense 545 Sale of investments 195 Dividends received 219 Interest received Purchase of investments $ 345 1,390 Dividends paid Interest paid Additional borrowing from bank 495 2,990 a. Calculate the maximum investing cash inflows that could be reported under IFRS. X Answer is complete but not entirely correct. Maximum Investing Cash Inflows $ 224 b. Calculate the maximum financing cash flows that could be reported under IFRS. Answer is complete and correct. Maximum Financing Cash Inflows $ 2,990
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You can see the logs in the Dashboard.