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7 September, 21:28

Hampton Industries had $47,000 in cash at year-end 2017 and $24,000 in cash at year-end 2018. The firm invested in property, plant, and equipment totaling $250,000. Cash flow from financing activities totaled + $220,000. Round your answers to the nearest dollar, if necessary. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign.

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  1. 7 September, 22:13
    0
    Cash flow from operating activities=$7000

    Explanation:

    First of all we will find the total decrease in cash flow::

    Cash at the end of year 2017-Cash at the end of year 2018

    Total Decrease in Cash = $47000-$24000

    Total Decrease in Cash = $23000

    Firm invested $20000 is cash outflow.

    Invested cash + Cash from financial activities+cash flow from operating activities = Total Decrease in cash

    -$250000+$220000 + cash flow from operating activities=-$23000

    Cash flow from operating activities=$7000
  2. 7 September, 22:18
    0
    The cash flow from operating activities was $7,000.

    Explanation:

    Ending Cash Balance

    = Opening Cash Balance + Cash Flow from Operating Activities + Cash Flow from Investing Activities + Cash Flow from Financing Activities

    $24,000 = $47,000 + Cash Flow from Operating Activities - $250,000 + $220,000

    Cash Flow from Operating Activities = $24,000 - $47,000 + $250,000 - $220,000

    = $7,000

    Therefore, The cash flow from operating activities was $7,000.
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Home » Business » Hampton Industries had $47,000 in cash at year-end 2017 and $24,000 in cash at year-end 2018. The firm invested in property, plant, and equipment totaling $250,000. Cash flow from financing activities totaled + $220,000.
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