Business, 01.09.2021 03:40, daryondaniels28

Suppose Stuart Company has the following results related to cash flows for 2020: Net Income of $7,700,000
Decrease in Accounts
Payable of $900,000
Decrease in Accounts Receivable of $300,000
Decrease in Debt of $600,000
Depreciation Expenses of $1,700,000
Dividends Paid of $800,000
Increase in Inventory of $800,000
Purchases of Property, Plant, & Equipment of $7,500,000
Other Adjustments from Financing Activities of $300,000
Other Adjustments from Investing Activities of $300,000
Other Adjustments from Operating Activities of $600,000

Required:
a. Create a statement of cash flows with amounts in thousands.
v. What is the Net Cash Flow?

Answers: 2

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Suppose Stuart Company has the following results related to cash flows for 2020: Net Income of $7,...