Blossom Hog Products Corp. provided the following financial information for its most recent quarter. Net income: Depreciation and amortization: Increase in receivables: Increase in inventory: Increase in accounts payable: Decrease in other current assets: $189,530 $63,220 $62,260 $57,440 $37,760 $27,560 What is this firm's cash flow from operating activities during the quarter? (If an amount reduces the cash flow then enter with negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Topic Video
Question

Please do not give solution in image format thanku 

Blossom Hog Products Corp.
Statement of Cash Flows (Partial)
Operating Activities
Additions (sources of cash)
Subtractions (uses of cash)
Net cash
>
<
operating activities
$
Transcribed Image Text:Blossom Hog Products Corp. Statement of Cash Flows (Partial) Operating Activities Additions (sources of cash) Subtractions (uses of cash) Net cash > < operating activities $
Blossom Hog Products Corp. provided the following financial information for its most recent quarter.
Net income:
Depreciation and amortization:
Increase in receivables:
Increase in inventory:
Increase in accounts payable:
Decrease in other current assets:
$189,530
$63,220
$62,260
$57,440
$37,760
$27,560
What is this firm's cash flow from operating activities during the quarter? (If an amount reduces the cash flow then enter with negative sign
preceding the number e.g. -45 or parentheses e.g. (45).)
Transcribed Image Text:Blossom Hog Products Corp. provided the following financial information for its most recent quarter. Net income: Depreciation and amortization: Increase in receivables: Increase in inventory: Increase in accounts payable: Decrease in other current assets: $189,530 $63,220 $62,260 $57,440 $37,760 $27,560 What is this firm's cash flow from operating activities during the quarter? (If an amount reduces the cash flow then enter with negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Accounting Equation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education