Question

Suppose Gulf Shipping Company has the following results related to cash flows for 2017:

Increase in Debt of $900,000
Dividends Paid of $600,000
Purchases of Property, Plant, & Equipment of $8,500,000
Other Adjustments from Financing Activities of -$500,000
Other Adjustments from Investing Activities of $100,000

Assuming no other cash flow adjustments than those listed above, create a statement of cash flows for investing and financing activities with amounts in thousands.

What is the Net Cash Flow from Investing and Financing Activities?

Please specify your answer in the same units as the statement of cash flows.

Answer 1

Gulf Shipping Company
Statement of Cash Flows (Partial)
For 2017
	($ in thousands)
Cash flows from Investing Activities:
Purchase of property, plant, & equipment	-8500
Other adjustments	100
Net cash flow from investing activities		-8400
Cash flows from Financing Activities:
Increase in debt	900
Dividends paid	-600
Other adjustments	-500
Net cash flow from financing activities		-200

Net cash flow from investing and financing activities: -$8600