Question
Net income (after tax) for company A is 120 million. Depreciation expense: 25 million, gain from the sale of property: 20 million, Accrued expenses increased
Net income (after tax) for company A is 120 million.
Depreciation expense: 25 million, gain from the sale of property: 20 million, Accrued expenses increased by 4 million, accounts payable increased by 9 million, Paid 40% income tax on cash generated from operations, bought back 20 million of outstanding debt, raised 40 million in additional equity capital and another 7.5 million in the form of preferred shares, converted 12 million of its own bonds outstanding into common shares of an equivalent account, invested 10 million in a Reit portfolio of bonds with intention to hold until maturity, contributing land parcel and acquired 10% equity interest in joint venture in which its sole joint venture partner invested $85 cash for development in exchange for 90% ownership interest, purchased 20 million worth of income producing property, sold 70 million worth of property
Based on this list above, answer the following questions:
1) What is the net cash from operating activities
2) What is the net cash from investing activities
3) What is the net cash from financing activities
4) how much book taxes and cash taxes were paid
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