What was the cash flow from operating activities

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Reference no: EM132003628

Hampton Industries had $59,000 in cash at year-end 2015 and $14,000 in cash at year-end 2016. The firm invested in property, plant, and equipment totaling $200,000. Cash flow from financing activities totaled +$230,000. Round your answers to the nearest dollar, if necessary.

a. What was the cash flow from operating activities? Enter cash outflows with a minus sign. $

b. If accruals increased by $10,000, receivables and inventories increased by $145,000, and depreciation and amortization totaled $35,000, what was the firm's net income? $

Reference no: EM132003628

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