Suppose Stuart Company has the following results related to cash flows for 2018: Net Income...
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Accounting
Suppose Stuart Company has the following results related to cash flows for 2018:
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 $1,100,000 Purchases of Property, Plant, & Equipment of $7,500,000
Assuming no other cash flow adjustments than those listed above, create a statement of cash flows with amounts in thousands.
What is the Net Cash Flow?
Please specify your answer in the same units as the statement of cash flows.
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