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Please complete the following problems correctly showing all work. 5. Statement of Cash Flows Moon Microsystems, Inc., showed a net income of $476,388,000 for 2015
Please complete the following problems correctly showing all work.
5. Statement of Cash Flows Moon Microsystems, Inc., showed a net income of $476,388,000 for 2015 in its 2015 annual report. The net cash provided from operating activities was a positive $688,314,000. Which of the following items would be added to the net income in determining the positive net cash provided by operating activities? Depreciation and amortization expense, $284,083,000 b. Increase in receivables, $160,238,000 c. Increase in inventories, $135,742,000 d. None of the above answers is correct Questions 6 and 7 are based on the following information: Hadley Corp. incurred the following items during the current year: Common stock issued Dividends paid to shareholders Interest paid on Notes Pavable Notes issued to borrow funds Proceeds from the sale of equipment Purchase of plant and equipment $300,000 $30,000 $45,000 $120,000 $600,000 $180,000 6. Cash Flow from Investing Activities What amount will be reported as cash provided/(used) by investing activities for the year? a. $570,000 b. $420,000 c. $390,000 d. ($75,000) e. None of the above 7. Cash Flow from Financing Activities What amount will be reported as cash provided/(used) by financing activities for the year? a. $450,000 b. $420,000 c. $390,000 d. ($75,000) e. None of the aboveStep by Step Solution
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