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Accounting

Keyser beverage company reported the following items in the most recent year.

Net income $40,000
dividends paid $5,000
increase in accounts receivable $10,000
increase in accounts payable $7,000
purchase of equipment (capital expenditure) $8,000
depreciation expense $4,000
issue of notes payable $20,000

Compute net cash provided by operating activities,the net change in cash during the year, and free cash flow.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9401172

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