User Account

All Pages

Explain cash flow from operating activities

Assignment Help Finance Basics
Reference no: EM132785344

Hampton Industries had $50,000 in cash at year-end 2018 and $30,000 in cash at year-end 2019. The firm invested in property, plant, and equipment totaling $300,000 - the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$100,000. 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 $10,000, receivables and inventories increased by $110,000, and depreciation and amortization totaled $9,000, what was the firm's net income?

Reference no: EM132785344

Questions Cloud

Effective annual rates charged by the two banks : What's the difference in the effective annual rates charged by the two banks?
Which of the most completely describes auditor independence : Which of the most completely describes auditor independence? Avoiding the appearance of an interest in the affairs of an audit client.
Does the fear of god bear the fruit of the love of god : Which comes first: the love of God which bears the fruit of the fear of God, or does the fear of God bear the fruit of the love of God?
What the amount of annual depreciation recorded : What the amount of annual depreciation recorded for the second year after purchase would be? A company purchased factory equipment for $630000.
Explain cash flow from operating activities : a. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign.
How checking inventory for obsolete items helps to ensure : How checking inventory for obsolete items helps to ensure that the cost of goods sold line item on the Income Statement is faithfully represented
Record the issue of the bonds by each company on january : Sheffield Inc. sold its bonds at 108 and offered a 7% coupon interest rate. Record the issue of the bonds by each company on January 1, 2021.
What evidence can you suggest to support your argument : Although American history books tend to focus on the role of the United States in defeating the Nazis, the Soviet Union played a far more significant.
How much is the initial carrying amount of the stock rights : Prior to issuance of stock rights, the shares were selling at ?80 per share. How much is the initial carrying amount of the stock rights?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd