What was the cashflow from operating activities

Reference no: EM13280065

W.C. Cycling had$55,000 in cash at year-end 2007 and $25,000 in cash at year-end2008. Cash flow from long-term investing activities totaled-$25,000, and cash flow from financing activities totaled+$170,000.

a. What was the cashflow from operating activities?

b. If accruals increased by$25,000, receivables and inventories increased by $100,000, anddepreciation and amortization totaled $10,000, what was thefirm's net income?

Reference no: EM13280065

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