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 activitiestotaled +$110,000. Round your answers to the nearest dollar, if necessary.a. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign.$b. If accruals increased by $15,000, receivables and inventories increased by $80,000, and depreciation and amortization totaled $23,000, what was the firm'snet income?+A$

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Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

10th Edition

ISBN:9781337902571

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter3: Financial Statements, Cash Flow, And Taxes

Section: Chapter Questions

Problem 12P

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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
Hampton Industries had $66,000 in cash at year-end 2020 and $18,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $140,000 — the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$220,000. Round your answers to the nearest dollar, if necessary. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign. $ If accruals increased by $15,000, receivables and inventories increased by $160,000, and depreciation and amortization totaled $15,000, what was the firm's net income?
Can you prepare the cash flow statement for the year ended 2022 and comment on the performance and financial position of the company, using relevant items in the cash flow statement. Thanks in advance
a. What is the net cash provided by operating activities?b. What is the net cash used in investing activities?
Additional information: • Depreciation expense is $ 13,300. • Dividends declared and paid in cash of $ 20,000. • In 2020, the equipment will sell for $ 9,700 in cash (the amount sold equipment equals the book value of the equipment). QUESTIONS a. Prepare a 2020 cash flow statement for trading company "MARS" with using the indirect method b. Based on the answer in point a, calculate free cash flow trading company "MARS". Provide an interpretation of the cash flow calculation results.
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Suppose Canwest Global Communications Corp. reported net cash used by operating activities of $127,537,580 and sales revenue of $3,498,299,980 during 2022. Cash spent on plant asset additions during the year was $96,782,600. Calculate free cash flow. (Show a negative free cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).) Free cash flow $
The net income for 2020 for Won Hae Na Corp. was P3,520,000. Additional data are as follows: www purchases of plant assets- P2,800,000; Depreciation expense- P1,480,000; Dividends declared- P970,000; Net decrease in non-cash current assets- P290,000 and loss on sale of equipment- P130,000. How much is the net cash inflow from operating activities on December 31, 2020? A. P7,250,000 В. Р5,420,000 С. Р5,290,000 D. P5,130,000
Siam Traders had Net Income for 2018 of $9,500,000. The firm invested $1,000,000 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 amount should be reported as net cash flow from investing activities?
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Fearless Flying Squirrels Company collected the following data in its accounting records in 2022: From the income statement: Depreciation expense $1,100 Loss on sale of equipment 3,100 From the comparative balance sheet: Beginning balance, equipment $12,500 Ending balance, equipment 7,900 Beginning balance, accumulated depreciation 1,900 Ending balance, accumulated depreciation 2,300 No new equipment was purchased during the year. Required: What was the cash in-flow from the sale of equipment in 2022?

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