eBook Hampton Industries had $45,000 in cash at year-end 2020 and $16,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $110,000 the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$100,000. 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 $25,000, receivables and inventories increased by $200,000, and depreciation and amortization totaled $47,000, what was the firm's net income? $

eBook Hampton Industries had $45,000 in cash at year-end 2020 and $16,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $110,000 the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$100,000. 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 $25,000, receivables and inventories increased by $200,000, and depreciation and amortization totaled $47,000, what was the firm's net income? $

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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ASSETS Non-current assets Property, plant and equipment Land 3. 130,000 Equipment at cost Depreciation 10,000 9.000 139,000 (1,000) Current assets Inventories 6,000 3,000 200 Receivables Prepaid expenses: Water Rates 200 Cash 29.400 168.400 20.000 Total assets Equity and Liabilities Equity Original Capital (Owner's Capital) Retained profit 120,000 25.400 145,400 Liabilities Long-term liabilities Mortgage 10,200 Short-term liabilities Trade payables Accrued expenses: Rent Tax payable Total Equity and Liabilities 2,500 500 9.800 12.800 168.400
Hampton Industries had $68,000 in cash at year-end 2020 and $16,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $170,000 - the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$100,000. 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 $35,000, receivables and inventories increased by $195,000, and depreciation and amortization totaled $13,000, what was the firm's net income?
Review the CFLO from operations for Q1 2022 for GE (link below) and answer the following: Make sure you expand the cashflow from continuing operations link to see the details. https://finance.yahoo.com/quote/GE/cash-flow?p=GE (Links to an external site.) 4. Why is depreciation added back in the statement of cashlfow?
Hampton Industries had $44,000 in cash at year-end 2020 and $27,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $170,000 - the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$150,000. 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 $50,000, receivables and inventories increased by $125,000, and depreciation and amortization totaled $73,000, what was the firm's net income?
8
Make sure you provide complete answers, and show your work with calculation problems Given the following information, calculate the Net Free Cash Flow. Net income = $25,000; Capital expenditures = $4,000; Cash dividends paid to shareholders = $2,500; Repayment of Long-term debt = $1,500; Depreciation, Depletion & Amortization = $5,000; Increase in current assets = $250; Increase in current liabilities = $750;
Monique's Moving Van 4U, Incorporated had free cash flow during 2022 of $1 million, EBIT of $30 million, tax expense of $8 million, and depreciation of $4 million. • ● e Beginning of the year gross fixed assets were $30 million and end of the year gross fixed assets were $40 million. Beginning of the year current assets were $110 million and end of the year current assets were $130 million. Beginning of the year current liabilities were $85 million. • Accrued wages and taxes at the end of the year were $20 million and Notes Payable at the end of the year were $35 million. Using the above information, what was Monique's Accounts Payable ending balance in 2022? O $5 million O $15 million O $35 million O $45 million