What is the cash flow identity (not the statement of cash flow) for Rachael Corporation...
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Accounting
What is the cash flow identity (not the statement of cash flow) for Rachael Corporation in 2016? Rachael Corporation was started with an initial cash investment of $20,000. No new stock has been issued or repurchased since its inception. I am presented with accounts for Rachael for 2015 and 2016.
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