Suppose Gulf Shipping Company had the following results related to cash flows for 2018:
Net Income of $5,300,000
Adjustments from Operating Activities of -$500,000
Net Cash Flow from Investing Activities of -$700,000
Net Cash Flow from Financing Activities of $3,200,000
Create a statement of cash flows with amounts in thousands. What is the Net Cash Flow?
Gulf Shipping Company | ||
Statement of Cash Flows (Indirect Method) | ||
For the year ended December 2018 | ||
$ | $ | |
Cash Flow from Operating Activities | ||
Net Income | 5,300,000.00 | |
Adjustments from Operating Activities | (500,000.00) | |
Net Cash provided by Operating Activities | 4,800,000.00 | |
Cash Flows from Investing Activities | (700,000.00) | |
Cash Flows from Financing Activities | 3,200,000.00 | |
Net Cash flow | 7,300,000.00 | |
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