Question

Net Income of $10,000,000 Increase in Accounts Payable of $800,000 Increase in Accounts Receivable of $600,000 Depreciation of $1,600,000 Decrease in Inventory of $100,000 Other Adjustments from Operating Activities of $1,000,000 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? Please specify your answer in the same units as the statement of cash flows.

Answer 1

Cash flow generated from operating activities 12,010,000

Step-by-step explanation:

10,000.000

+1,600,000

Adjusted Net Income 11,600,000

↑AR -600,000

↓Inventory 100,000

↑AP 800,000

Change in working capial 300,000

Other adjustment 110,000

Cash flow generated from operating activities 12,010,000