Use the income statement and the list of changes to answer the question.
January 1 to December 31, 2018
(amounts in thousands) Revenue9,100 Cost of Goods Sold (COGS)2,730 Gross Income6,370 Sales, General, & Administrative Expenses (SG&A)910 Depreciation Expense500 Other Expenses600 Earnings Before Interest & Taxes (EBIT)4,360 Interest180 Pre-Tax Income4,180 Income Taxes1,672 Net Income2,508
Between January 1 and December 31, 2018:
1. Accounts Receivable increase by $800,000
2. Accounts Payable decrease by $400,000
3. Gross Property, Plant, & Equipment increase by $5,400,000
4. Long Term Debt increases by $100,000
Assume no other changes
What is the Net Cash Flow?
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.