Question

# Suppose Siam Traders has the following results related to cash flows for 2019: Net Income of...

Suppose Siam Traders has the following results related to cash flows for 2019:

Net Income of \$7,200,000
Increase in Accounts Payable of \$600,000
Increase in Accounts Receivable of \$100,000
Decrease in Debt of \$700,000
Depreciation Expenses of \$1,500,000
Purchases of Property, Plant, & Equipment of \$8,300,000

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?

 Cash flow statement of siam traders for , the year ended 31 march,2019
 Particulars amount (\$ in '000') amount (\$ in '000') cash flow from operating activities: net income \$7,200 depreciation expenses \$1,500 increase in accounts receivable (\$100) increase in accounts payable \$600 cash flow from operating activities \$9,200 Cash flow from investing activities: purchase of property, plant & equipment (\$8,300) cash flow from financing activities: decrease in debt \$700 Net cash flow \$1,600

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