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How much is Haydn's Net Cash Flow from Operating Activities for 2004? Use the following financial statement data to answer Questions 10-12. F.J. Haydn

  

How much is Haydn's Net Cash Flow from Operating Activities for 2004? Use the following financial statement data to answer Questions 10-12. F.J. Haydn Company Balance Sheets Years ending December 31 (thousands of dollars) Cash Accounts receivable Inventories Total current assets Net fixed assets Total Assets Notes payables Accounts payables Accrued expenses Total current liabilities Long-term debt Common stock (S2 par value) Additional paid-in capital Retained earnings 2003 2004 5,500 2,900 4,000 2,000 6,200 9,000 15,700 13,900 84,300 87,000 100,000 100,900 1,500 8,600 700 10,800 37,500 1,900 6,600 900 9,400 42,000 12,000 8,000 14,520 9,500 25.180 32,000 F.J. Haydn Company Income Statement Year Ending December 31 (thousands of dollars) Net sales Cost of goods sold Gross profit General & administrative expenses 75,000 15,000 70,000 Depreciation expense Operating profit Taxes Interest expense Earnings before taxes 2004 350,000 190,000 160.000 Net income 18,500 51,500 17,500 34,000 Total current liabilities Long-term debt Common stock ($2 par value) Additional paid-in capital Retained earnings Total liabilities & equity 10,800 9.400 37,500 42,000 12,000 8,000 14,520 9.500 25,180 32,000 100,000 100,900 Taxes Net income

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