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.

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Expert Solution

Net Cash flow in Thousands = $8,000
Statement of Cash Flow for Suppose Torche Corporation for the year ended 2017
Particulars	Amount in"000	Total Amount in '000
Cash flow from operating activities
Net Income	9,500.00
Adjustments from Operating Activities	1,400.00
Cash flow from operating activities		10,900.00
Cash flow from Investing activities	(3,300.00)
Cash flow from Investing activities		(3,300.00)
Cash flow from Financing activities	400.00
Cash flow from Financing activities		400.00
Net Cash Flow		8,000.00

ekkarill92 answered 1 year ago

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