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Alexxandr [17]
2 years ago
10

According to the Statement of Cash Flows in fiscal year 2020 (ending 1/29/2021), is Dollar General purchasing more property and

equipment than it is selling, or selling more property and equipment than it is purchasing?
Business
1 answer:
julsineya [31]2 years ago
4 0

According to the Statement of Cashflows in this period, they are purchasing more property and equipment than they are selling.

<h3>How is it known that they are purchasing more?</h3>

When the investing activities section of the Cashflow statement is in negatives, it means that more cash was spent on investing activities than was brought in.

Property and equipment fall under investing activities and as Dollar General has a negative investing activities balance, it means that they bought more property and equipment than they sold.

Find out more on investing activities at brainly.com/question/26260878.

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Answer:

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Explanation:

Giving the following information:

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To calculate the annual depreciation, we need to use the following formula:

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In comparison, a monopoly market competition can be defined as a business environment where one entity or group of companies dominates the supply market and thus controls output factors. In this case, the monopolist decides the price of the goods on the market, as the competition is always strong. Free entry or departure from companies is not allowed in a monopolistic competitive market.

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3 years ago
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Rudiy27

Answer:

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