Calculating Net Cash Provided by Operating Activities: Amethyst

Amethyst Medical Holdings Inc. and its subsidiary, Amber Hospitals Corp., recorded a consolidated net income of $500,000 for the year 20x1. Calculate the net cash provided by operating activities for the year ended December 31, 20X1, using the following data. The consolidated entity had depreciation of $75,000. During the year, Amethyst Medical sold land originally costing $50,000 for $80,000 to a non-affiliate. The consolidated ending balances for accounts receivable decreased by $25,000, inventory increased by $50,000, and accounts payable increased by $10,000 as compared to December 31, 20X0. 530,000 Sigma Company develops and markets organic food products to natural foods retailers. The following information is available for the company for the year 20X8: 292,000 A parent's percentage ownership in a subsidiary will decrease when the parent sells some of its holdings in its subsidiary. the subsidiary issues additional common shares to the public. TheBlank______is measured at fair value on the consolidated balance sheet on the date the parent obtains control. Subsidiary ______ investments are reported at fair value at each reporting date. FVTPL On January 1, 20X1, Shimmer Metals Inc. and its subsidiary, Black Coal Mines Inc., had a consolidated cash balance of $200,000. During the year 20X1, the consolidated entity's net cash provided by operating activities was $150,000. Cash provided by investing activities was $25,000 and cash used in financing activities was $40,000. Calculate the balance of cash as of December 31, 20X1. 335,000 On December 31, 20X0, Free Networks Inc. purchased 49% of Lease Communications Inc.'s common shares for $200,000. As of December 31, 20X1, the fair value of the holding was $175,000. Calculate Free Networks' gain or loss on the change in fair value of