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Required information E12-19 (Algo) Reporting and Interpreting Cash Flows from Investing and Financing Activities with Discussion of Management Strategy LO12-4, 12-5, 12-6 [The following information
Required information
E12-19 (Algo) Reporting and Interpreting Cash Flows from Investing and Financing Activities with Discussion of Management Strategy LO12-4, 12-5, 12-6
[The following information applies to the questions displayed below.]
Monte Hacho Industries is a Buffalo, New Yorkbased manufacturer and distributor of building products for residential, industrial, infrastructure, renewable energy, and conservation markets. In a recent year, it reported the following activities:
Acquisitions (investments in other companies) | $ (114,748) |
---|---|
Increase in inventories | (12,301) |
Depreciation and amortization | 27,281 |
Long-term debt reduction | (78,858) |
Net cash provided by operating activities | 47,795 |
Net income | 18,723 |
Net proceeds from issuance of common stock | 45 |
Net proceeds from sale of property and equipment | 1,336 |
Proceeds from long-term debt | 74,949 |
Proceeds from sale of other equity investments | 70,468 |
Purchases of property, plant, and equipment | (12,652) |
E12-19 Part 1 Required: 1. Based on this information, present the investing and financing activities sections of the cash flow statement. Note: List cash outflows as negative amounts. Required informetion E12-19 (Algo) Reporting and Interpreting Cash Flows from Investing and Financing Activities with Discussion of Management Strategy LO12-4, 12-5, 126 [The following information applies to the questions displayed below] Monte Hacho Industries is a Buffalo, New York-based manufacturer and distributor of building products for residential, industrial, infrastructure, renewable energy, and conservation markets. In a recent year, it reported the following activities: E12-19 Part 2 2. Compute the capital acquisitions ratio. Note: Round your answer to 2 decimal places
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