Aerco company acquired equipment in exchange for 50000 in


1. Pickerton started the year with $50,000 in accounts receivable. The firm ended the year with $20,000 in accounts receivable. How did this decrease influence cash from operations?

2. Aerco Company acquired equipment in exchange for $50,000 in common stock. Should this transaction be on the statement of cash flows?

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Financial Management: Aerco company acquired equipment in exchange for 50000 in
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