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Suppose Siam Traders has the following results related to cash flows for 2019: Net Income of $7,200,000 Increase in Accounts Payable of $600,000 Increase in
Suppose Siam Traders has the following results related to cash flows for 2019:
Net Income of $7,200,000 Increase in Accounts Payable of $600,000 Increase in Accounts Receivable of $100,000 Decrease in Debt of $700,000 Depreciation Expenses of $1,500,000 Purchases of Property, Plant, & Equipment of $8,300,000
Assuming no other cash flow adjustments than those listed above, create a statement of cash flows with amounts in thousands.
What is the Net Cash Flow?
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