Question
Statement of Cash Flows Hampton Industries had $60,000 in cash at year-end 2015 and $17,000 in cash at year-end 2016. The firm invested in property,
Statement of Cash Flows
Hampton Industries had $60,000 in cash at year-end 2015 and $17,000 in cash at year-end 2016. The firm invested in property, plant, and equipment totaling $240,000. Cash flow from financing activities totaled +$190,000. 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 $30,000, receivables and inventories increased by $180,000, and depreciation and amortization totaled $5,000, what was the firm's net income? $
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