XYZ Corporation reported the following information for the current year: (1) Net income is $216 million. (2)
Fantastic news! We've Found the answer you've been seeking!
Question:
XYZ Corporation reported the following information for the current year:
(1) Net income is $216 million. (2) Acquisitions were $34 million. (3) Customer accounts receivable increased by $14 million. (4) Dividends paid to common shareholders were $10 million. (5) Depreciation expense was $43 million. (6) Income tax payable decreased by $13 million. (7) Long-term debt increased by $30 million. (8) Accounts payable decreased by $8 million. (9) Inventories increased by $19 million.
Required: Based on the above information, calculate the following items:
a. Cash flow from operating activities.
b. Cash flow from investing activities.
c. Cash flow from financing activities.
d. The increase or decrease in the cash balance.
Related Book For
Posted Date: