Question

Suppose Lightspeed Industries has the following results related to cash flows for 2017: Net Income of $9,200,000 Increase in Accounts Payable of $700,000 Increase in Accounts Receivable of $500,000 Decrease in Debt of $400,000 Depreciation Expenses of $1,500,000 Dividends Paid of $800,000 Decrease in Inventory of $400,000 Purchases of Property, Plant, & Equipment of $9,400,000 Other Adjustments from Financing Activities of $600,000 Other Adjustments from Investing Activities of $300,000 Other Adjustments from Operating Activities of $100,000 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.

Answer 1

				(Amt in '000)
Cash Flow Statement				Amounts ($)
Cash Flow from Operating Activities
Net Income				9200
Adjustments:
Depreciation expense				1500
Operating profit before working capital changes				10700
Increase in accounts payable				700
(Increase) in accounts receivables				-500
Decrease in inventory				400
Other Adjustments from operating activities				100
Net Cash from Operating Activities (A)				11400
Cash Flow from Investing Activities
Purchase of Fixed assets				-9400
Other Adjustments from investing activities				300
Net Cash from investing Activities (B)				-9100
Cash Flow from Financing Activities
(Decrease) in debt				-400
Dividend paid				-800
Other Adjustments from financing activities				600
Net Cash from financing Activities (c)				-600
Net Cash Flow A+B+C				1700