What was the cash flow from operating activities?
Choco asked:
A.B. Coffey had $55,000 in cash at year-end 2007 and $25,000 in cash at year-end 2008. Cash flow from long-term investing activities totaled -$250,000, and cash flow from financing activities totaled +$170,000.
a. What was the cash flow from operating activities?
b. If accruals increased by $25,000, receivables and inventories increased by $100,000, and depreciation and amortization totaled $10,000, what was the firm’s net income?
Dwayne Solarz
A.B. Coffey had $55,000 in cash at year-end 2007 and $25,000 in cash at year-end 2008. Cash flow from long-term investing activities totaled -$250,000, and cash flow from financing activities totaled +$170,000.
a. What was the cash flow from operating activities?
b. If accruals increased by $25,000, receivables and inventories increased by $100,000, and depreciation and amortization totaled $10,000, what was the firm’s net income?
Dwayne Solarz
The firms net income net income depreciation and depreciation and depreciation and inventories increased by 25000 arranged like this its easy to get net income net income net income depreciation and amortization 10000 what was.