Question

Suppose Nippon Technology had the following results related to cash flows for 2020: Net Income of $8,400,000 Adjustments from Operating Activities of -$1,300,000 Net Cash Flow from Investing Activities of -$1,300,000 Net Cash Flow from Financing Activities of $4,000,000 Create a statement of cash flows with amounts in thousands. What is the Net Cash Flow

Answer 1

$9,800,000

Step-by-step explanation:

Statement of Cash Flows (Indirect Method)

Particulars Amount

Net income $8,400,000

Add: Adjustment for operating activities -$1,300,000

Net cash flow from Operating Activities (I) $7,100,000

Add: Net Cash Flow from Investing Activities (II) -$1,300,000

Add: Net Cash Flow from Financing Activities (III) $4,000,000

Net Cash Flow (I+II+III) $9,800,000