Bmgmt 3201 Financial Management

SOLUTIONGlobal Conglomerate CorpCash flow statement for the year ended 31 December 2012 Amount($)Amount($)Amount($)Cash flow from Operating activities(In millions)Net Income $ 2.00 Additions (adjustments) to net income Depreciation $ 1.20 Increase in short term debt $ 0.30 Increase in current maturity of long term debt $ 1.00 Increase in accounts payable $ 4.70 Increase in Deferred Tax Liability $ 0.20 Subtraction (adjustments) to net income Increase in accounts receivable $ (5.30) Decrease in other current liabilities $ (2.00) Increase in other current assets $ (1.00) Increase in inventories $ (1.00) $ (1.90) Cash provided using operating expenses $ 0.10 Cash flow from investing activities Payment for purchase of land and buildings $ (7.50) Payment for purchase of Equipment $ (6.50) Payment for purchase of Goodwill $ (20.00) Payment for Other long Term Assets $ (7.00) $ (41.00)Cash provided using investing activities $ (41.00) Cash flow from financing activities Proceeds from Long term debt43.6 Dividend Payment $ (1.00) $ 42.60 Cash provided using financing activities $ 42.60 Net Increase or Decrease in Cash Flows $ 1.70