400 2. The following data are taken from the records of Sare corporation and subsidiaries...

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400 2. The following data are taken from the records of Sare corporation and subsidiaries for Year 1: Net income 10,000 Depreciation, depletion, and amortization 8,000 Disposals of property, plant, and equipment (book value) 1,000 for cash Deferred income taxes for year 1 (noncurrent) Undistributed earnings of unconsolidated affiliates 200 Amortization of discount on bonds payable 50 Amortization of premium on bonds payable 60 Decrease in noncurrent assets 1,500 Cash proceeds from exercise of stock option 300 Increase in account receivable 900 Increase in account payable 1,200 Decrease in inventors 850 Increase in dividends payable 300 Decrease in notes payable to banks 400 Required A) Using the indirect method, what is net cash flow from investing activities? B) Using the indirect method, what is net cash flow from financing activities? C) Using the indirect method, what is the change in cash? D) Using the indirect method, what is net cash flow from operating activities? ASSIGNMENT 2 1. What is the purpose of measuring asset turnover for different asset categories

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