Waste Inc. had $50,000 in cash at year end 2011 and $25,000 in cash at year end 2012. The firm invested in Property and Plant and Equipment totaling $250,000. Cash Flow from financing totaled +$180,000.
What was the cash flow from operating activities?
If accruals increased by $30,000, receivables and inventories increased by $100,000, and depreciation and amortization totals $10,000, what was the firm’s net income?