Question

Using the following information, compute Net Cash Flow from Investing Activities. Note that some of the...

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)

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Using the following information, compute Net Cash Flow from Operating Activities. Note that some of the...
Using the following information, compute Net Cash Flow from Operating 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       ...
Detail explanation please. Using the following information, compute Net Cash Flow from Financing Activities. Note that...
Detail explanation please. Using the following information, compute Net Cash Flow from Financing 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 2012Cash             300            400Accounts receivable         1,000        1,400Inventories         3,200        3,000 Current assets         4,500        4,800Net fixed assets         3,800        4,300Total assets         8,300        9,100     Notes payable             400            300Accounts payable             700            500Accruals               50              80Current...
Balance Sheets for the Years Ending Dec. 31, 2011 and 2012 2011 2012 Cash            300...
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...
Balance Sheets for the Years Ending Dec. 31, 2011 and 2012 2011 2012 Cash            300...
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...
NOTE: Although this problem is similar to the previous and/or next problem, some elements differ such...
NOTE: Although this problem is similar to the previous and/or next problem, some elements differ such that you must solve the answer for this problem independent of your answer to any other questions. Momber's Flooring Company 2011 2012 Cash            500 800 Accounts receivable        1,400        1,200 Inventory        3,900        4,400 Net fixed assets        8,200        8,200 Land        1,000        2,000 Total Assets      15,000      16,600          Notes payable        1,000            600 Accounts payable...
Momber's Flooring Company 2011 2012 Cash            500            800 Accounts receivable        1,400 &
Momber's Flooring Company 2011 2012 Cash            500            800 Accounts receivable        1,400        1,200 Inventory        3,900        4,400 Net fixed assets        8,200        8,200 Land        1,000        2,000 Total Assets      15,000      16,600          Notes payable        1,000            600 Accounts payable        3,000        2,000 Accruals            500            900 Long-term debt        3,600        5,400 Common Stock        2,500        2,200 Retained earnings        4,400        5,500 Total Liabilities and Equity     ...
Momber's Flooring Company 2011 2012 Cash            500 800 Accounts receivable        1,400        1,200 Inventory...
Momber's Flooring Company 2011 2012 Cash            500 800 Accounts receivable        1,400        1,200 Inventory        3,900        4,400 Net fixed assets        8,200        8,200 Land        1,000        2,000 Total Assets      15,000      16,600          Notes payable        1,000            600 Accounts payable        3,000        2,000 Accruals            500            900 Long-term debt        3,600        5,400 Common Stock        2,500        2,200 Retained earnings        4,400        5,500 Total Liabilities and Equity      15,000...
Determining Net Income from Net Cash Flow from Operating Activities Curwen Inc. reported net cash flow...
Determining Net Income from Net Cash Flow from Operating Activities Curwen Inc. reported net cash flow from operating activities of $216,900 on its statement of cash flows for the year ended December 31. The following information was reported in the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method: Decrease in income taxes payable $4,800 Decrease in inventories 12,000 Depreciation 18,400 Gain on sale of investments 8,300 Increase in accounts payable 3,300 Increase...
SLO 4: Interpret the statement of cash flow and demonstrate the benefit to users. The following...
SLO 4: Interpret the statement of cash flow and demonstrate the benefit to users. The following activities took place at Mark's Corporation during their recent year. As the Accountant, you are responsible for recording the impact of these activities on the Statement of Cash Flow. Instructions: Of the activities listed below, you are to indicate if they represent a cash inflow (+) or outflow (-) and whether each is an Operating (O), Investing (I), or Financing (F) activity. Indicate your...
Determining Net Cash Flow from Investing Activities Davis Inc. reported the following information: 12/31/2019 12/31/2018 Equipment...
Determining Net Cash Flow from Investing Activities Davis Inc. reported the following information: 12/31/2019 12/31/2018 Equipment $160,000 $115,000 Accumulated depreciation (85,000) (59,000) Investment (long-term) 18,610 10,000 In addition, Davis sold equipment costing $12,500 with accumulated depreciation of $8,950 for $2,330 cash, producing a $1,220 loss. Davis reported net income for 2019 of $122,350. Required: Compute net cash flow from investing activities. Use a minus sign to indicate negative cash flows (outflows).