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Suppose Siam Traders has the following results related to cash flows for 2018: Net Income of...

Suppose Siam Traders has the following results related to cash flows for 2018:

Net Income of $9,400,000 Increase in Accounts Payable of $800,000 Decrease in Accounts Receivable of $600,000 Decrease in Inventory of $700,000

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?

Please specify your answer in the same units as the statement of cash flows.

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Answer #1
cash flow from operating activities
Net income 9400000
Adjustment to reconcile net income to net cash provided by operating activities
Increase in account payable 800000
Decrease in account receivable 600000
Decrease in inventory 700000
Net cash flow from operating activities 11500000
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