Question
In: Accounting
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).
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ekkarill92 answered 2 years agoRelated 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...
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