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Date Posted: 13:33:40 09/08/01 Sat
Author: FI 3300 student
Subject: Help with End of Chapter 3 problem

Using the Fall 2001 version of the FI3300 textbook:

Question 8 on page 96.
"The balance sheets for the Roxton Company for the years ending December 31, 1994....etc"

A. Calculate the Cash flow from operating activities.

B. Calculate the Cash flow from investing activities.

c. Calculate the Cash flow from financing activities.

The answer sheet from the class website reads:
A. Net cash flow from operating activities= 4,500
b. Net cash flow from Investing= (12,200)
c. Net cash flow from financing= 8,200

I cannot figure out how the operating activities is 4,500.

I think I am calculating Net Income and Depreciation incorrectly.

My calculations for Operations are:

Net Income ? (should net income be 2,100 for year 1995 or the difference between year 1994 and year 1995 I.E. 2100.00-1,850) Either way I do it, the numbers do not work.

Depreciation? How is depreciation calculated for the two years?

Add the following to Net Income and Depreciation (whatever they are) I came up with these numbers.

Accounts Payable +1,400
Accounts Receivable -800
Inventory -600
Accruel -600

As soon as I understand how the Operations number of 4,500 is obtained, I should be able to do the Financing and Investing portions of the problem.

I have been able to do assignments 3.1 thru 3.3 "additional questions and problems" 1-8 page 95.

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