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connect Week One Assignment Question 2 (ol 5) value 10.00 points You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year You also know that the company paid $99.8 milion in current taxes and had an interest expense of $49.8 million Statement of Cash Flows (5 in malions) Operations Net income ation $ 191.0 958 20.8 rred taxes Changes in assets and babilities Accounts receivable Inventories Accounts payable Accrued expenses -19.8 23 8 18.8 10.8 4.8 Other Total cash flow from operations $ 324 4 Investing activities Acquisition of fixed assets -$ 1970 Sale of fixed assets Total cash flow from investing activitiesS Financing activities 172 2 -S 180 0 137.0 -1040 Proceeds from long-term debt sales Dividends Repurchase of stock Proceeds from new stock issue 620 116.0 S 36 2 Total cash flow from financing activities Change in cash (on balance sheet) IT Service Center 5-9088