Question

Suppose Ruston Company had the following results related to cash flows for 2020: Net Income of $9,100,000 Adjustments from Operating Activities of $1,100,000 Net Cash Flow from Investing Activities of -$4,300,000 Net Cash Flow from Financing Activities of $3,400,000 Create a statement of cash flows with amounts in thousands. What is the Net Cash Flow

Answer 1

The Net Cash Flow is $9,300,000.

Step-by-step explanation:

A statement of cash flows with amounts in thousands can be created to determine the Net Cash Flow as follows:

Ruston Company

Statement of Cash Flows

For the Year 2020

Details $'000

Net Income 9,100

Adjustments from Operating Activities 1,100

Net Cash Flow from Operating Activities 10,200

Net Cash Flow from Investing Activities (4,300)

Net Cash Flow from Financing Activities of 3,400

Net Cash Flow 9,300

Since the amount is in thousands, that implies that the Net Cash Flow is $9,300,000.