Question
Problem 3-12 STATEMENT OF CASH FLOWS Hampton Industries had $59,000 in cash at year-end 2015 and $11,000 in cash at year-end 2016. The firm invested
Problem 3-12 STATEMENT OF CASH FLOWS
Hampton Industries had $59,000 in cash at year-end 2015 and $11,000 in cash at year-end 2016. The firm invested in property, plant, and equipment totaling $230,000. Cash flow from financing activities totaled +$100,000. Round your answers to the nearest dollar, if necessary.
What was the cash flow from operating activities? Enter cash outflows with a minus sign. $
If accruals increased by $45,000, receivables and inventories increased by $190,000, and depreciation and amortization totaled $21,000, what was the firm's net income? $
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