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In Its 2018 Annual Report to Shareholders, Kinney Inc

Question 41

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In its 2018 Annual Report to Shareholders, Kinney Inc. reported the following Consolidated Statement of Cash Flows:
For the years ended December 31,
In its 2018 Annual Report to Shareholders, Kinney Inc. reported the following Consolidated Statement of Cash Flows: For the years ended December 31, -Assuming the decrease in accrued expenses during fiscal year 2018 included a $14,000 reduction due to interest on debt, compute the interest expense (net) for Kinney in that year.
In its 2018 Annual Report to Shareholders, Kinney Inc. reported the following Consolidated Statement of Cash Flows: For the years ended December 31, -Assuming the decrease in accrued expenses during fiscal year 2018 included a $14,000 reduction due to interest on debt, compute the interest expense (net) for Kinney in that year.
-Assuming the decrease in accrued expenses during fiscal year 2018 included a $14,000 reduction due to interest on debt, compute the interest expense (net) for Kinney in that year.

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