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Balance Sheets for the Years Ending Dec. 31, 2011 and 2012 2011 2012 Cash            300...

Balance Sheets for the Years Ending Dec. 31, 2011 and 2012
2011 2012
Cash            300            400
Accounts receivable        1,000        1,400
Inventories        3,200        3,000
Current assets        4,500        4,800
Net fixed assets        3,800        4,300
Total assets        8,300        9,100
Notes payable            400            300
Accounts payable            700            500
Accruals              50              80
Current portion of long-term debt              70              80
Current liabilities        1,220            960
Long-term debt        4,300        4,900
Common stock ($.20 par)        1,200        1,300
Additional paid-in capital            680            740
Retained earnings            900        1,200
Total liabilities and equity        8,300        9,100

Net income (as reported on the 2012 Income statement) = 458

Depreciation (as reported on the 2012 Income statement) = 305

Net Cash Flow from Investing Activities = __________

INPUT YOUR ANSWER WITHOUT A DOLLAR SIGN AND WITHOUT ANY COMMAS. IF YOU MEAN FOR YOUR ANSWER TO INDICATE A CASH INFLOW, ENTER THE ANSWER ONLY (for example, enter a cash inflow of id="mce_marker",000 as 1000). IF YOU MEAN FOR YOUR ANSWER TO INDICATE A CASH OUTFLOW, PUT A NEGATIVE SIGN BEFORE YOUR ANSWER - DO NOT ENTER A SPACE BETWEEN THE NEGATIVE SIGN AND THE NUMBER (for example, enter a cash outflow of id="mce_marker",200 as -1200)

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Answer #1

Net cash flows from investing activities

= Increase in net fixed assets

= 3800 - 4300

= -500 (don't forget the minus sign)

​​​​​.

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