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Q1. What were the firms major sources of cash? Its major uses of cash? Q2....

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Accounting

Q1. What were the firms major sources of cash? Its major uses of cash? Q2. Was cash flow from operations greater than or less than net income? Explain in detail the major reasons for the difference between these two figures. Q7. Were the working capital (current asset and current liability) accounts other than cash and cash equivalents primarily sources of cash, or users of cash? Q8. What other major items affected cash flows? Q9. What was the trend in net income? Q10. What was the trend in Cash flow from (continuing) operations? Q14. What was the trend in working capital accounts? Please answer all.Exhibit 3 Gamma Corporation, Consolidated Statements of Cash Flows ($ thousand)
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