The Emerald Corporation had $55,000 in cash at year-end 2010 and $25,000 in cash at year end 2011. The firm invested $250,000 in property, plant and equipment. Cash flow from financing activities totaled $170,000. What was the cash flow from operating activities?
The Emerald Corporation had $55,000 in cash at year-end 2010 and $25,000 in cash at year end 2011. The firm invested $250,000 in property, plant and equipment. Cash flow from financing activities totaled $170,000. What was the cash flow from operating activities?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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- The Emerald Corporation had $55,000 in cash at year-end 2010 and $25,000 in cash at year end 2011.
- The firm invested $250,000 in property, plant and equipment.
- Cash flow from financing activities totaled $170,000.
- What was the cash flow from operating activities?
- 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?
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