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Hampton Industries had $46,000 in cash at year-end 2015 and $22,000 in cash at year-end 2016. The firm invested in property, plant, and equipment totaling
Hampton Industries had $46,000 in cash at year-end 2015 and $22,000 in cash at year-end 2016. The firm invested in property, plant, and equipment totaling $160,000. Cash flow from financing activities totaled +$180,000. Round your answers to the nearest dollar, if necessary. What was the cash flow from operating activities?
A- Enter cash outflows with a minus sign.
B- If accruals increased by $25,000, receivables and inventories increased by $130,000, and depreciation and amortization totaled $35,000, what was the firm's net income?
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