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Ruston Company had Net Income for 2018 of $6,200,000. The firm invested $4,000,000 in manufacturing equipment during 2018. The equipment is being depreciated over five years using straight-line depreciation, starting in 2018. Assuming no other adjustments to cash flow than those mentioned here, create a statement of cash flows for 2018 with amounts in thousands. What is the Net Cash Flow in 2018? Please specify your answer in the same units as the statement of cash flows.
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Related Questions
Ruston Company had Net Income for 2022 of $6,200,000.
The firm invested $4,000,000 in manufacturing equipment during 2022.
The equipment is being depreciated over five years using straight-line depreciation, starting in 2022.
Assuming no other adjustments to cash flow than those mentioned here, create a statement of cash flows for 2022 with
amounts in thousands.
What is the Net Cash Flow in 2022?
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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Hampton Industries had $48,000 in cash at year-end 2018 and $15,000 in cash at year-end 2019. The firm invested in property, plant, and equipment totaling
$180,000 the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities
totaled +$110,000. Round your answers to the nearest dollar, if necessary.
a. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign.
$
b. If accruals increased by $15,000, receivables and inventories increased by $80,000, and depreciation and amortization totaled $23,000, what was the firm's
net income?
+A
$
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Hampton Industries had $52,000 in cash at year-end 2018 and $17,000 in cash at year-end 2019. The firm invested in property, plant, and equipment totaling $230,000
the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$160,000. Round
your answers to the nearest dollar, if necessary.
a. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign.
0
$
0
b. If accruals increased by $30,000, receivables and inventories increased by $200,000, and depreciation and amortization totaled $29,000, what was the firm's net income?
$
о
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Suppose Gulf Shipping Company had the following results related to cash flows for 2019:
Net Income of $5,300,000
Adjustments from Operating Activities of -$500,000
Net Cash Flow from Investing Activities of -$700,000
Net Cash Flow from Financing Activities of $3,200,000
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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The Cash Flow from Operating Activities on Moore’s statement of cash flows for 2018 was $8,000,000. For 2018, depreciation on fixed assets was $3,800,000, amortization of intangibles was $100,000 and gains on the sale of fixed assets were $22,000. Based on the preceding information, Moore’s net income for 2018 was:
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Prepare the statement of cash flows of Metagrobolize for the year ended December 31, 2021. Present cash flows from operating activities by the direct method. (Enter your answers in thousands (i.e., 10,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.)
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Use the following information to prepare a statement of cash flows (indirect method) for Sink Industries for the year ended December 31, 2018, and calculate ending cash flows:
Net income for the year 2018 was $5,000. Accounts receivable decreased $2,000, while inventories increased $4,000, and accounts payable decreased $7,000. Depreciation expense included in net income was $8,000.
During the year, a piece of land held for future expansion was sold for its book value of $8,000, and a new service truck was purchased for $14,000.
The company borrowed $18,000 on a two-year note from the bank. Dividends of $6,000 were paid in cash. preferred stock was issued to retire $7,000 of long-term notes payable.
The beginning cash balance was $10,000.
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Determine the amount of net cash flow for o'hare for 2017 if the sales revenue was 82,300, the depreciation expense was 14,300, and the net income was 68,000
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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?
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Suppose Lightspeed Industries has the following results related to cash flows for 2022: 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?
Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.
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The following information is available for Bernard Corporation for 2019:
Net income
$185,200
Decrease in accounts receivable
8,300
Increase in inventory
19,900
Decrease in prepaid rent
4,410
Increase in salaries payable
7,100
Decrease in income taxes payable
3,870
Increase in notes payable (due 2023)
50,000
Depreciation expense
52,700
Loss on disposal of equipment
6,450
Required:
Compute the net cash flows from operating activities using the indirect method.
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Hamilton Company had $150,000 in cash at the end of 2019 and $75,000 at the end of 2018. Hamilton invested $300,000 in property, physical plant, and equipment. Cash flow from financing activities totaled $150,000. Determine the cash flow from operating activities.
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please answer do not image format.
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Broussard Company reported net income of $3.5 million in 2020. Depreciation for the year was $520,000, accounts receivable increased $500,000, and accounts payable increased $300,000. Compute net cash flow from operating activities using the indirect method.
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Blossom Company reported net income of $192,700 for 2022. Blossom also reported depreciation expense of $47,200 and a loss of
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year, a $15,400 increase in accounts payable, and a $4,600 increase in prepaid expenses.
Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method. (Show amounts that
decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
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Boomer Company reported sales revenue of $500,000 and total expenses of $450,000 (including depreciation) for the year ended December 31, 2019. During 2019, accounts receivable decreased by $5,000, merchandise inventory increased by $4,000, accounts payable increased by $6,000, and depreciation expense of $10,000 was recorded. Assuming no other data is needed and using the indirect method, the net cash inflow from operating activities for 2019 was:
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Required:
Compute for the operating cash flow
Compute for the free cash flow
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Prepare the operating activities section of the statement of cash flows for 2019. Use the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
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Suppose Valley Technology has the following results related to cash flows for 2022:
Net Income of $7,100,000
Decrease in Accounts Payable of $200,000
Decrease in Accounts Receivable of $600,000
Increase in Inventory of $500,000
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?
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Related Questions
- Ruston Company had Net Income for 2022 of $6,200,000. The firm invested $4,000,000 in manufacturing equipment during 2022. The equipment is being depreciated over five years using straight-line depreciation, starting in 2022. Assuming no other adjustments to cash flow than those mentioned here, create a statement of cash flows for 2022 with amounts in thousands. What is the Net Cash Flow in 2022? 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).arrow_forwardHampton Industries had $48,000 in cash at year-end 2018 and $15,000 in cash at year-end 2019. The firm invested in property, plant, and equipment totaling $180,000 the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$110,000. Round your answers to the nearest dollar, if necessary. a. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign. $ b. If accruals increased by $15,000, receivables and inventories increased by $80,000, and depreciation and amortization totaled $23,000, what was the firm's net income? +A $arrow_forwardHampton Industries had $52,000 in cash at year-end 2018 and $17,000 in cash at year-end 2019. The firm invested in property, plant, and equipment totaling $230,000 the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$160,000. Round your answers to the nearest dollar, if necessary. a. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign. 0 $ 0 b. If accruals increased by $30,000, receivables and inventories increased by $200,000, and depreciation and amortization totaled $29,000, what was the firm's net income? $ оarrow_forward
- Suppose Gulf Shipping Company had the following results related to cash flows for 2019: Net Income of $5,300,000 Adjustments from Operating Activities of -$500,000 Net Cash Flow from Investing Activities of -$700,000 Net Cash Flow from Financing Activities of $3,200,000 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).arrow_forwardThe Cash Flow from Operating Activities on Moore’s statement of cash flows for 2018 was $8,000,000. For 2018, depreciation on fixed assets was $3,800,000, amortization of intangibles was $100,000 and gains on the sale of fixed assets were $22,000. Based on the preceding information, Moore’s net income for 2018 was:arrow_forwardPrepare the statement of cash flows of Metagrobolize for the year ended December 31, 2021. Present cash flows from operating activities by the direct method. (Enter your answers in thousands (i.e., 10,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.)arrow_forward
- Use the following information to prepare a statement of cash flows (indirect method) for Sink Industries for the year ended December 31, 2018, and calculate ending cash flows: Net income for the year 2018 was $5,000. Accounts receivable decreased $2,000, while inventories increased $4,000, and accounts payable decreased $7,000. Depreciation expense included in net income was $8,000. During the year, a piece of land held for future expansion was sold for its book value of $8,000, and a new service truck was purchased for $14,000. The company borrowed $18,000 on a two-year note from the bank. Dividends of $6,000 were paid in cash. preferred stock was issued to retire $7,000 of long-term notes payable. The beginning cash balance was $10,000.arrow_forwardDetermine the amount of net cash flow for o'hare for 2017 if the sales revenue was 82,300, the depreciation expense was 14,300, and the net income was 68,000arrow_forwardSuppose 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?arrow_forward
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