Problem 15 Intro Below is the balance sheet for Northern Comfort Company for December 31 of 2019 and 2020. 2019 2020 2,850 3,300 2,850 3,300 5,700 6,600 2019 2020 Cash 950 1,100 Accounts payable Accounts Current 2,850 3,300 receivable liabilities Inventory Long-term 2,850 3,300 debt Current Total 6,650 7,700 assets liabilities Net fixed 12,350 14,300 Equity assets Total liab. Total assets 19,000 22,000 & equity The income statement for 2020 is also given: 8,550 9,900 10,450 12,100 19,000 22,000 Sales Operating costs except dep. Depreciation EBIT Interest Taxes Net income Amount 52,800 29,040 5,280 18,480 5,280 3,300 9,900 The company paid $8,250 in dividends to shareholders in 2020. Part 1 Attempt 1/3 for 10 pts. What was the cash flow from operating activities? (Use negative number for cash outflows or decrease in cash) 0+ decima Submit Part 2 Attempt 1/3 for 10 pts. What was the cash flow from investing activities? (Use negative number for cash outflows or decrease in cash) 0+ decima Submit Part 3 Attempt 1/3 for 10 pts. What was the cash flow from financing activities? (Use negative number for cash outflows or decrease in cash) 0+ decima Submit Part 4 Attempt 1/3 for 10 pts. What was the net cash flow for the year? (Use negative number for cash outflows or decrease in cash) 0+ decima Submit About Blog Contact Instructor Guide Privacy Policy Support Terms & Conditions Accepl 2012 - 2021