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In: Accounting

Suppose Stuart Company has the following results related to cash flows for 2018: Net Income of...

Suppose Stuart Company has the following results related to cash flows for 2018:

Net Income of $5,600,000
Increase in Accounts Payable of $600,000
Decrease in Accounts Receivable of $900,000
Depreciation of $1,900,000
Increase in Inventory of $200,000
Other Adjustments from Operating Activities of -$800,000

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 from Operating Activities?

Please specify your answer in the same units as the statement of cash flows.

Solutions

Expert Solution

Statement of cash flows (partial)

                                              Particulars

     $

       $
  1. Cash flow from Operating Activities

Net income

 5,600

Add: Adjustments to reconcile net income to net cash provided by operating activities

          Depreciation

 1,900

Other adjustments

 - 800

Decrease in Accounts receivable

 900

Increase in Inventory

 - 200

Increase in Accounts payable

 600

Net cash provided by Operating Activities

 8,000

Net Cash Flow from Operating Activities = $8,000 thousands

ekkarill92 answered 1 month ago
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