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1. Problem 3.12 (Statement of Cash Flows) eBook Hampton Industries had $72,000 in cash at year-end 2017 and $10,000 in cash at year-end 2018. The
1. Problem 3.12 (Statement of Cash Flows) eBook Hampton Industries had $72,000 in cash at year-end 2017 and $10,000 in cash at year-end 2018. The firm invested in property, plant, and equipment totaling $300,000 Cash flow from financing activities totales +$170,000. Round your answers to the nearest dollar, if necessary. a. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign $ b. If accruals increased by $50,000, receivables and inventories increased by $145,000, and depreciation and amortization totaled $9,000, what was the firm's net income? $ Save & Continue Continue without saving
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