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Suppose Dansko Integrated has the following results related to cash flows for 2020:

Net Income of $6,800,000
Increase in Accounts Payable of $200,000
Decrease in Accounts Receivable of $800,000
Depreciation of $1,600,000
Increase in Inventory of $300,000
Other Adjustments from Operating Activities of $400,000

Assuming no other cash flow adjustments than those listed above, create a statement of cash flows with amounts in thousands.

Required:
What is the Net Cash Flow from Operating Activities?

Respuesta :

abiolataiwo2015

The Net Cash Flow from Operating Activities is $9,500,000.

Net Operating Activities

Net Income            $6,800,000                                              

Adjustment:

Increase in Accounts Payable of $200,000

Decrease in Accounts Receivable  $800,000

Depreciation of $1,600,000

Less Increase in Inventory ($300,000)

Other Adjustments from Operating Activities of $400,000

Net Cash Flow from Operating Activities $9,500,000

Therefore the Net Cash Flow from Operating Activities is $9,500,000.

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