Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. ebook hampton industries had $72,000 in cash at ye

eBook Hampton Industries had $72,000 in cash at year-end 2020 and $10,000 in cash at...

90.2K

Verified Solution

Question

Finance

eBook

Hampton Industries had $72,000 in cash at year-end 2020 and $10,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $120,000 the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$150,000. Round your answers to the nearest dollar, if necessary.

What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign.

$

If accruals increased by $10,000, receivables and inventories increased by $115,000, and depreciation and amortization totaled $11,000, what was the firm's net income?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A U.S. Senate Judiciary Committee report showed the number of homicides in each state. In Indiana,...

Statistics
Q

Calculate the pH at the equivalence point in titrating 0.011 M solutions of each of the...

Chemistry
Q

identify and explain in detail three relationships between the geography of an area or region and...

Psychology
Q

Question: Discuss the types of problems that foster parents experience when they care for a previously...

Psychology
Q

D Rays of light fall on the plane surface of a half cyl inder at...

Physics
Q

given figure rige in internal energy in processes A and respectively then P B 2...

Physics
Q

What is the use of thin strip at the back of Vernier caliper For measuring...

Physics
Q

In digital communication role of Channel encoder is multiple correct answers To convert analog information...

Physics
Q

2 If atoms from two different elements react to form a compound the element with...

Basic Math
Q

Find the sum 4 j 1 2 j

Calculus
Q

Assume f x is continuous on 0 00 Use the given information to sketch the...

Calculus
Q

Ch 8: Video Lecture Assignment (i Saved Help Save & Exit Submit 8 Required...

Accounting