Question

Suppose Nippon Technology has the following results related to cash flows for 2021: Net Income of $6,200,000 Increase in Accounts Payable of $300,000 Decrease in Accounts Receivable of $700,000 Increase in Inventory of $500,000 Assuming no other cash flow adjustments than those listed above, create a statement of cash flows with amounts in thousands. What is the Net Cash Flow from Operating Activities?

Name: suppose nippon technology has the following results related to cash flows for 2021 net income of 6200000 increase in accounts payable of 300000 decrease in accounts receivable of 700000 increase in in
Uploaded: 2023-03-28T20:42:53-08:00
Duration: 3 min 37 s
Channel: Yan Jing
Description: suppose nippon technology has the following results related to cash flows for 2021 net income of 6200000 increase in accounts payable of 300000 decrease in accounts receivable of 700000 increase in in

          Suppose Nippon Technology has the following results related to cash flows for 2021:

Net Income of $6,200,000
Increase in Accounts Payable of $300,000
Decrease in Accounts Receivable of $700,000
Increase in Inventory of $500,000

Assuming no other cash flow adjustments than those listed above, create a statement of cash flows with amounts in thousands.

What is the Net Cash Flow from Operating Activities?

Added by J C.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

Instant Answer

Solved by Expert Yan Jing

03/28/2023

Step 1

Step 1: Calculate the Net Cash Flow from Operating Activities using the information provided: Net Income: $6,200,000 Increase in Accounts Payable: $300,000 (this is a positive adjustment) Decrease in Accounts Receivable: $700,000 (this is a positive Show more…

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Suppose Nippon Technology has the following results related to cash flows for 2021: Net Income of $6,200,000 Increase in Accounts Payable of $300,000 Decrease in Accounts Receivable of $700,000 Increase in Inventory of $500,000 Assuming no other cash flow adjustments than those listed above, create a statement of cash flows with amounts in thousands. What is the Net Cash Flow from Operating Activities?