Business, 30.08.2021 20:00 clwalling04
Suppose Torche Corporation has the following results related to cash flows for 2017:
Net Income of $8,500,000
Decrease in Accounts Payable of $400,000
Increase in Accounts Receivable of $800,000
Increase in Debt of $100,000
Depreciation Expenses of $2,000,000
Dividends Paid of $300,000
Increase in Inventory of $300,000
Purchases of Property, Plant, & Equipment of $5,400,000
Other Adjustments from Financing Activities of -$700,000
Other Adjustments from Investing Activities of $600,000
Other Adjustments from Operating Activities of $500,000
Create a statement of cash flows with amounts in thousands.
What is the Net Cash Flow?
Answers: 2
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Suppose Torche Corporation has the following results related to cash flows for 2017:
Net Income of...
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