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Refer to the Summit Furniture Company example (Table 4.2). Recalculate the cash and cash

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ST4. Refer to the Summit Furniture Company example (Table 4.2). Recalculate the cash and cash… 1 answer below » ST4. Refer to the Summit Furniture Company example (Table 4.2). Recalculate the cash and cash equivalents at the end of 2010 assuming that (1) the company had 2010 capital expenditures of $22,000; (2) it paid dividends of $800; and   (3) it did not issue any common stock. Assume that Summit’s other cash flows are the same as those shown in Table  4.2. Jan 07 2016 10:51 AM


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