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Can someone help me plz Hampton Industries had $52,000 in cash at year-end 2020 and $17,000 in cash at year-end 2021 . The firm invested
Can someone help me plz
Hampton Industries had $52,000 in cash at year-end 2020 and $17,000 in cash at year-end 2021 . The firm invested in property, plant, and equipment totaling $170,000 the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$190,000. 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 $30,000, receivables and inventories increased by $135,000, and depreciation and amortization totaled $13,000, what was the firm's net incomeStep by Step Solution
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