Using the following information, compute Net Cash Flow from Investing Activities. Note that some of the numbers in this problem are the same as those in the previous problem. Some, however, are different. You must answer this problem separately.
Balance Sheets for the Years Ending Dec. 31, 2011 and 2012 | ||||
2011 | 2012 | |||
Cash | 300 | 400 | ||
Accounts receivable | 1,000 | 1,400 | ||
Inventories | 3,200 | 3,000 | ||
Current assets | 4,500 | 4,800 | ||
Net fixed assets | 3,800 | 4,300 | ||
Total assets | 8,300 | 9,100 | ||
Notes payable | 400 | 300 | ||
Accounts payable | 700 | 500 | ||
Accruals | 50 | 80 | ||
Current portion of long-term debt | 70 | 80 | ||
Current liabilities | 1,220 | 960 | ||
Long-term debt | 4,300 | 4,900 | ||
Common stock ($.20 par) | 1,200 | 1,300 | ||
Additional paid-in capital | 680 | 740 | ||
Retained earnings | 900 | 1,200 | ||
Total liabilities and equity | 8,300 | 9,100 |
Net income (as reported on the 2012 Income statement) =
710
Depreciation (as reported on the 2012 Income statement) = 266
Net Cash Flow from Investing Activities =
__________
INPUT YOUR ANSWER WITHOUT A DOLLAR SIGN AND WITHOUT ANY
COMMAS. IF YOU MEAN FOR YOUR ANSWER TO INDICATE A CASH INFLOW,
ENTER THE ANSWER ONLY (for example, enter a cash inflow of
id="mce_marker",000 as 1000). IF YOU MEAN FOR YOUR ANSWER TO
INDICATE A CASH OUTFLOW, PUT A NEGATIVE SIGN BEFORE YOUR ANSWER -
DO NOT ENTER A SPACE BETWEEN THE NEGATIVE SIGN AND THE NUMBER (for
example, enter a cash outflow of id="mce_marker",200 as
-1200)
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