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Calculate net cash flows from financing activities, 1. Laser World reports net income of $650,000. Depreciation expense is $50,000, accounts receivable increases $11,000, and accounts

Calculate net cash flows from financing activities,

1. Laser World reports net income of $650,000. Depreciation expense is $50,000, accounts receivable increases $11,000, and accounts payable decreases $30,000. Calculate net cash flows from operating activities using the indirect method.

2. Macrosoft Company reports net income of $75,000. The accounting records reveal depreciation expense of $90,000 as well as increases in prepaid rent, accounts payable, and income tax payable of $70,000, $10,000, and $23,000, respectively. Prepare the operating activities section of Macrosoft's statement of cash flows using the indirect method.

3. Hi-Tech, Inc., reports net income of $70 million. Included in that number are depreciation expense of $6 million and a loss on the sale of equipment of $2 million. Records reveal increases in accounts receivable, accounts payable, and inventory of $3 million, $4 million, and $5 million, respectively. What are Hi-Techs net cash flows from operating activities?

4. Engineering Wonders reports net income of $70 million. Included in that number is building depreciation expense of $6 million and a gain on the sale of land of $2 million. Records reveal decreases in accounts receivable, accounts payable, and inventory of $3 million, $4 million, and $5 million, respectively. What are Engineering Wonders net cash flows from operating activities?

5. Creative Sound Systems sold investments, land, and its own common stock for $40 million, $16 million, and $42 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $22 million, $26 million, and $13 million, respectively. What amount should the company report as net cash flows from investing activities?

6. Creative Sound Systems sold investments, land, and its own common stock for $40 million, $16 million, and $42 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $22 million, $26 million, and $13 million, respectively. What amount should Creative Sound Systems report as net cash flows from financing activities?

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No need to rush and please take your time and complete each questions with the following order of the table too, thanks!

4 LASER WORLD ENGINEERING WONDERS Statement of Net Cash Flows (partial) Statement of Cash Flows (partial) Cash flows from operating activities Cash flows from operating activities Adjustments to reconcile net income to net cash flows from operating activities Adjustments to reconcile net income to net caslh flows from operating activities Net cash flows from operating activities Net cash flows from operating activities MACROSOFT COMPANY Statement of Cash Flows (partial) Cash flows from operating activities CREATIVE SOUND SYSTEMS Statement of Cash Flows (partial) Adjustments to reconcile net income to net caslh flows from operating activities Cash flows from investing activities Net cash flows from operating activities Net cash flows from investing activities HI-TECH, INC. Statement of Cash Flows (partial) CREATIVE SOUND SYSTEMS Cash flows from operating activities (Statement of Cash Flows (partial) Cash flows from financing activities Adjustments to reconcile net income to net cash flows from operating activities Net cash flows from financing activities Net cash flows from operating activities

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