Suppose Hopewell Corporation had the following results related to cash flows for 2019: Net Income of...

Suppose Hopewell Corporation had the following results related to cash flows for 2019:

Net Income of $8,300,000
Adjustments from Operating Activities of $1,100,000
Net Cash Flow from Investing Activities of -$1,800,000
Net Cash Flow from Financing Activities of -$900,000

Create a statement of cash flows with amounts in thousands.

What is the Net Cash Flow?

Note: Financial results are provided in dollars but the income statement units are thousands of dollars.

Please specify your answer in the same units as the statement of cash flows (i.e., enter the number from your completed statement of cash flows).

Solutions

Expert Solution

Note

If you have any queries kindly post a comment, i will solve it earliest.

If you satisfied with my answer, kindly give a thumbs up, it will help to encourage me.

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

Suppose Hopewell Corporation has the following results related to cash flows for 2019: Net Income of...

Suppose Hopewell Corporation has the following results related to cash flows for 2019: Net Income of $8,600,000 Decrease in Accounts Payable of $100,000 Decrease in Accounts Receivable of $400,000 Increase in Debt of $200,000 Depreciation Expenses of $1,900,000 Purchases of Property, Plant, & Equipment of $7,800,000 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? Note: Financial results are provided in dollars but...

Suppose Hopewell Corporation has the following results related to cash flows for 2019: Net Income of...

Suppose Hopewell Corporation has the following results related to cash flows for 2019: Net Income of $8,600,000 Decrease in Accounts Payable of $100,000 Decrease in Accounts Receivable of $400,000 Increase in Debt of $200,000 Depreciation Expenses of $1,400,000 Dividends Paid of $700,000 Increase in Inventory of $600,000 Purchases of Property, Plant, & Equipment of $7,800,000 Other Adjustments from Financing Activities of $300,000 Other Adjustments from Investing Activities of -$800,000 Other Adjustments from Operating Activities of $700,000 Create a statement of...

Suppose Hopewell Corporation had the following results related to cash flows for 2017: Net Income of...

Suppose Hopewell Corporation had the following results related to cash flows for 2017: Net Income of $8,300,000 Adjustments from Operating Activities of $1,100,000 Net Cash Flow from Investing Activities of -$1,800,000 Net Cash Flow from Financing Activities of -$900,000 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.

Suppose Torche Corporation had the following results related to cash flows for 2017: Net Income of...

Suppose Torche Corporation had the following results related to cash flows for 2017: Net Income of $9,500,000 Adjustments from Operating Activities of $1,400,000 Net Cash Flow from Investing Activities of -$3,300,000 Net Cash Flow from Financing Activities of $400,000 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.

Suppose Siam Traders has the following results related to cash flows for 2019: Net Income of...

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 $2,000,000 Dividends Paid of $500,000 Decrease in Inventory of $1,000,000 Purchases of Property, Plant, & Equipment of $8,300,000 Other Adjustments from Financing Activities of -$100,000 Other Adjustments from Investing Activities of $400,000 Other Adjustments from Operating Activities of -$200,000 Create a statement of...

Suppose Lightspeed Industries has the following results related to cash flows for 2019: Net Income of...

Suppose Lightspeed Industries has the following results related to cash flows for 2019: Net Income of $8,800,000 Increase in Accounts Payable of $900,000 Decrease in Accounts Receivable of $300,000 Depreciation of $1,700,000 Increase in Inventory of $400,000 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?

Suppose Ruston Company has the following results related to cash flows for 2019: Net Income of...

Suppose Ruston Company has the following results related to cash flows for 2019: Net Income of $5,800,000 Increase in Accounts Payable of $300,000 Increase in Accounts Receivable of $600,000 Increase in Debt of $700,000 Depreciation Expenses of $1,300,000 Dividends Paid of $500,000 Decrease in Inventory of $1,000,000 Purchases of Property, Plant, & Equipment of $8,300,000 Other Adjustments from Financing Activities of $200,000 Other Adjustments from Investing Activities of $500,000 Other Adjustments from Operating Activities of $800,000 Create a statement of...

Suppose Torche Corporation has the following results related to cash flows for 2017: Net Income of...

Suppose Torche Corporation has the following results related to cash flows for 2017: Net Income of $10,000,000 Increase in Accounts Payable of $800,000 Increase in Accounts Receivable of $600,000 Depreciation of $1,600,000 Decrease in Inventory of $100,000 Other Adjustments from Operating Activities of $1,000,000 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...

Suppose Torche Corporation has the following results related to cash flows for 2017: Net Income of...

Suppose Torche Corporation has the following results related to cash flows for 2017: 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 $2,000,000 Dividends Paid of $300,000 Increase in Inventory of $300,000 Purchases of Property, Plant, & Equipment of $5,400,000 Other Adjustments from Financing Activities of -$700,000 Other Adjustments from Investing Activities of $600,000 Other Adjustments from Operating Activities of $500,000 Create a statement of...

Suppose Stuart Company has the following results related to cash flows for 2017: Net Income of...

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...

Subjects