Based on the following information: $835 Cash collections from customers Purchase of used equipment 270...
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Accounting
Based on the following information: $835 Cash collections from customers Purchase of used equipment 270 207 Depreciation expense 485 Sale of investments Dividends received 135 207 Interest received Purchase of investments Dividends paid Interest paid Additional borrowing from bank $ 285 1,270 435 2,870 a. Calculate the maximum investing cash inflows that could be reported under IFRS. Maximum Investing Cash Inflows b. Calculate the maximum financing cash flows that could be reported under IFRS. Maximum Financing Cash Inflows
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