What was the cash flow from operating activities

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Reference no: EM131822451

Statement of Cash Flows W.C. Cycling had $55,000 in cash at year-end 2013 and $25,000 in cash at year-end 2014. The firm invested in property, plant, and equipment totaling $250,000. Cash flow from financing activities totaled +$170,000.

1. What was the cash flow from operating activities?

2. If accruals increased by $25,000, receivables and inventories increased by $100,000, and depreciation and amortization totaled $10,000, what was the firm’s net income?

Reference no: EM131822451

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