Statement of cash flowswc cycling had 37000 of cash at

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Statement of Cash Flows

W.C. Cycling had $37,000 of cash at year-end 2011 and $29,000 in cash at year-end 2012. The firm invested in property, plant, and equipment totaling $280,000. Cash flow from financing activities totaled +$130,000. Round your answers to the nearest dollar, if necessary.

  1. What was the cash flow from operating activities?
  2. If accruals increased by $25,000, receivables and inventories increased by $85,000, and depreciation and amortization totaled $35,000, what was the firm's net income?

Reference no: EM13380599

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