Question: Question 28 (3 points) If net fixed assets in 2011 - $ 19,534, if net fixed assets in 2012 = $29,090 , if depreciation on

Question 28 (3 points) If net fixed assets in 2011 - $ 19,534, if net fixed assets in 2012 = $29,090 , if depreciation on the 2011 income statement is $636 and if depreciation on the 2012 income statement is $922, what would be Net Cash Flow from Investing Activities on the 2012 statement of cash flows (if these were the only long term account changes for the company)? Enter your answer without a dollar sign and without commas. Also, since NCF from Investing Activities is ALWAYS (in FI 3300) as cash outflow, be sure to put a negative sign before your answer with no space between the sign and the number. Your Answer: Answer If net income in 2012 $684, and if the following changes occur between 2011 and 2012, compute Net Cash Flow from Operating Activities for 2012: Accounts receivable change from $386 to $268 Gross fixed assets change from $1324 to $1651 Accruals change from $367 to $234 Inventory changes from $149 to $393 Retained earnings changes from $8243 to $8321 Accounts payable change from $388 to $123 Accumulated depreciation changes from ($400) to ($500)
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