The accounting records of Rockness Company provided the data below ($ in 000s). Net income $ 25,400 Depreciation and amortization expense 3,500 Decrease in accounts receivable 2,200 Increase in inventory 4,700 Increase in prepaid insurance 320 Increase in salaries payable 880 Decrease in interest payable 420 Required: Prepare a reconciliation of net income to net cash flows from operating activities

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as