Question

Suppose Gulf Shipping Company had the following cash flow results for 2019:

Net Cash Flow from Operating Activities of $5,300,000
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?

Note: Financial results are provided in dollars but the income statement units are thousands of dollars.

Please specify your answer in the same units as the statement of cash flows (i.e., enter the number from your completed statement of cash flows).

Answer 1

Gulf shipping company
Statement of cash flows
For year ended 2019
(amounts in 1000)
A. Net cash flow from Operating activities	$               5,300
B. Net Cash flows from Investing activities	$                 -700
C. Cash flows from Financing activities	$               3,200
Net Cash Flow [A+B+C]	$               7,800