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Suppose Torche Corporation has the following results related to cash flows for 2018: Net Income of $8,500,000 Decrease in Accounts Payable of $400,000 Increase in
Suppose Torche Corporation has the following results related to cash flows for 2018:
Net Income of $8,500,000
Decrease in Accounts Payable of $400,000
Increase in Accounts Receivable of $800,000
Increase in Debt of $100,000
Depreciation Expenses of $1,600,000
Purchases of Property, Plant, & Equipment of $5,400,000
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?
Please specify your answer in the same units as the statement of cash flows.
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