Vanderheiden Hog Products Corp. provided the following financial information for the quarter ending June 30, 2011: Net
Question:
Net income: $189,425
Depreciation and amortization: $63,114
Increase in receivables: $62,154
Increase in inventory: $57,338
Increase in accounts payable: $37,655
Decrease in other current assets: $27,450
What is this firm’s cash flow from operating activities during this quarter?
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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