Question
Suppose Stuart Company has the following results related to cash flows for 2017: Net Income of $7,700,000 Decrease in Accounts Payable of $900,000 Decrease in
Suppose Stuart Company has the following results related to cash flows for 2017: Net Income of $7,700,000 Decrease in Accounts Payable of $900,000 Decrease in Accounts Receivable of $300,000 Decrease in Debt of $600,000 Depreciation Expenses of $1,700,000 Dividends Paid of $800,000 Increase in Inventory of $800,000 Purchases of Property, Plant, & Equipment of $7,500,000 Other Adjustments from Financing Activities of $300,000 Other Adjustments from Investing Activities of $300,000 Other Adjustments from Operating Activities of $600,000 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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