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Hampton Industries had $39,000 in cash at year-end 2017and $11,000 in cash at year-end 2018. The firm invested in property, plant, and equipmenttotaling $210,000. Cash flow from financing activities totaled 1$120,000.a. What was the cash flow from operating activities?b. If accruals increased by $15,000, receivables and inventories increased by $50,000, anddepreciation and amortization totaled $25,000, what was the firm’s net income?

Question

Hampton Industries had $39,000 in cash at year-end 2017
and $11,000 in cash at year-end 2018. The firm invested in property, plant, and equipment
totaling $210,000. Cash flow from financing activities totaled 1$120,000.
a. What was the cash flow from operating activities?
b. If accruals increased by $15,000, receivables and inventories increased by $50,000, and
depreciation and amortization totaled $25,000, what was the firm’s net income?

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