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Use the income statement and the list of changes to answer the question. Lightspeed Industries Income Statement January 1 to December 3 1 , 2
Use the income statement and the list of changes to answer the question.
Lightspeed Industries
Income Statement
January to December
amounts in thousands
Revenue
Cost of Goods Sold COGS
Gross Income
Sales, General, & Administrative Expenses SG&A
Depreciation Expense
Other Expenses
Earnings Before Interest & Taxes EBIT
Interest
PreTax Income
Income Taxes
Net Income
Between January and December :
Accounts Receivable increase by $
Accounts Payable increase by $
Gross Property, Plant, & Equipment increase by $
Long Term Debt decreases by $
Assume no other changes
What is the Net Cash Flow?
Note: Account change amounts are provided in dollars but the financial statement units are thousands of dollars.
Please specify your answer in the same units as the financial statements ie enter the number from your completed statement of cash flows
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