Chapter 1

c. Net cash used in new property and equipment was $25.863 million in 2008. d. Peet’s raised $3.138 million from sale of shares of its stock, while it spent $20.627 million on the purchase of common stock. Net of purchases Peet’s raised –$17.489 million from the sale of its shares of stock (net of any purchases). 2-21. ................
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