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cash flow from operating $71 Question 7 (10 points) Based on the following information, what is the firm's cash flow from investing activities? Increase in accounts receivable $26 Increase in inventories $29 Operating income Interest expense $24 Increase in accounts payable $20 Dividends $16 Increase in common stock $23 Increase in net fixed assets $23 Depreciation expense $14 Income taxes $15 Beginning cash $21 Your Answer: Answer
cash flow from operating $71 Question 7 (10 points) Based on the following information, what is the firm's cash flow from investing activities? Increase in accounts receivable $26 Increase in inventories $29 Operating income Interest expense $24 Increase in accounts payable $20 Dividends $16 Increase in common stock $23 Increase in net fixed assets $23 Depreciation expense $14 Income taxes $15 Beginning cash $21 Your Answer: Answer
Expert Solution
Cash flow from investing activities = Increase in net fixed assets + Depreciation expense
= 23 + 14
= 37
The above cash flow would be presented with a minus sign as the cash flow from investing activity is a cash outflow
Cash flow from financing activity = -37
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