What’s the bet cash flow? Use the income statement and the list of changes to an

Question

What’s the bet cash flow? Use the income statement and the list of changes to answer the question. Siam Traders Income Statement January 1 to December 31, 2017 (amounts in thousands) Revenue 7,800 1,560 6,240 780 1,200 300 3,960 60 3,900 1,560 2,340 Cost of Goods Sold (COGS) Gross Income Sales, General, & Administrative Expenses (SG&A;) Depreciation Expense Other Expenses Earnings Before Interest & Taxes (EBIT) Interest Pre-Tax Income Income Taxes Net Income Between January 1 and December 31, 2017: 1. Accounts Receivable increase by $100,000 2. Accounts Payable increase by s600,000 3. Gross Property, Plant, & Equipment increase by $8,300,000 4. Long Term Debt decreases by $700,000 Assume no other changes What is the Net Cash Flow?

Explanation / Answer

Net income 2340000 Adjustments: Depreciation 1200000 Increase in accounts receivable -100000 Increase in accounts payable 600000 Purchase of PP&E -8300000 Redemption of long term debt -700000 -7300000 Net cash flow -4960000

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.