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3-6. Statement of cash flows W.C. Cycling had $44,000 of cash at year-end 2006 and $29,000 in cash at year-end 2007. Cash flow from long-term
3-6. Statement of cash flows W.C. Cycling had $44,000 of cash at year-end 2006 and $29,000 in cash at year-end 2007. Cash flow from long-term investing activities totaled -$90,000 and cash flow from financing activities totaled +$130,000. Round your answers to the nearest dollar, if necessary. b. If accruals increased by $30,000, receivables and inventories increased by $145,000, and depreciation and amortization totaled $43,000, what was the firm's net income
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