Net increase (decrease) in cash flows………………………… | |$30,000 | 28. The total adjustments for the cash flows from operating activities are $270,000. The total adjustments were increased over the net income, which was $160,000.
The net income is a company’s total earnings. Net cash is the amount of cash remaining after a transaction has been completed. 29. Yes, I believe that the buildup in plant and equipment has been financed in a satisfactory manner. Chapter 2 explains that total assets are financed through either liabilities or stockholders’ equity and they could become long-term obligations like bonds payable. The bonds payable, 2012 went from $70,000 to $120,000. As long as there is not much of a percentage that needs to be paid in interest then the buildup in plant and equipment has been financed in a satisfactory manner. Valerie Crabill [email protected] phoenix. edu Eastern Time Jill Clements