Problemkeyser beverage company reported the following items, Ask an Expert

Accounting

Problem:

Keyser Beverage Company reported the following items in the most recent year.

Net income		$45,950
Dividends paid		6,760
Increase in accounts receivable		11,890
Increase in accounts payable		8,370
Purchase of equipment (capital expenditure)		8,080
Depreciation expense		7,370
Issue of notes payable		23,630

Required:

Question: Compute net cash provided by operating activities, the net change in cash during the year.

Note: Provide support for your rationale.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91165882

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