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Vanderheiden Hog Products Corp. provided the following financial information for the quarter ending June 30, 2014: Net i...

Vanderheiden Hog Products Corp. provided the following financial information for the quarter ending June 30, 2014: Net income: $189,425 Depreciation and amortization: $63,114 Increase in receivables: $ 62,154 Increase in inventory: $57,338 Increase in accounts payables: $37,655 Decrease in other current assets: $27,450 What is this firm’s cash flow from operating activities during this quarter?

Please list each step so I can see how answer was calculated

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Answer #1

cash flow from operating activities = net income+depr-increase in receivables-increase in inventory+increase in payables+decrease in other current assets

=189425+63114-62154-57338+37655+27450

=

198152
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