Question
Suppose Lightspeed Industries has the following results related to cash flows for 2017: Net Income of $9,200,000 Increase in Accounts Payable of $700,000 Increase in
Suppose Lightspeed Industries has the following results related to cash flows for 2017: Net Income of $9,200,000 Increase in Accounts Payable of $700,000 Increase in Accounts Receivable of $500,000 Decrease in Debt of $400,000 Depreciation Expenses of $1,500,000 Dividends Paid of $800,000 Decrease in Inventory of $400,000 Purchases of Property, Plant, & Equipment of $9,400,000 Other Adjustments from Financing Activities of $600,000 Other Adjustments from Investing Activities of $300,000 Other Adjustments from Operating Activities of $100,000 Create a statement of cash flows with amounts in thousands. What is the Net Cash Flow? Please specify your answer in the same units as the statement of cash flows.
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