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Hampton Industries had $59,000 in cash at year-end 2017 and $17,000 in cash at year-end 2018. The firm invested in property, plant, and equipment totaling

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Hampton Industries had $59,000 in cash at year-end 2017 and $17,000 in cash at year-end 2018. The firm invested in property, plant, and equipment totaling $220,000. Cash flow from financing activities totales +$220,000. 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 $15,000, receivables and inventories increased by $135,000, and depreciation and amortization totaled $45,000, what was the firm's net income? $ Byron Books Inc. recently reported $12 million of net income. Its EBIT was $28.8 million, and its tax rate was 40%. What was its interest expense? (Hint: Write out the headings for an income statement, and then fill in the known values. Then divide $12 million of net income by (1 - 1) = 0.6 to find the pretax income. The difference between EBIT and taxable income must be interest expense. Use this same procedure to complete similar problems.) Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary. Do not round intermediate calculations. $

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