Statement OF CASH FLOWS W.C. Cycling had 555,000 in cash at year-end 2010 and $25,000 in cash at year-end 2011. The firm invested in property, plant, and equipment totaling $250,000. Cash flow from financing activities totaled +$170,000.
What was the cash flow from operating activities?
If accruals increased by $25,000, receivables and inventories increased by $100,000, and depreciation and amortization totaled $10,000, what was the firm's net income?