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A company reports the following cash flow activities for the year ending December 31, 2023: Net Income: $400,000 Depreciation Expense: $50,000 Increase in Accounts Receivable:
- A company reports the following cash flow activities for the year ending December 31, 2023:
- Net Income: $400,000
- Depreciation Expense: $50,000
- Increase in Accounts Receivable: $30,000
- Decrease in Inventory: $20,000
- Increase in Accounts Payable: $10,000
- Purchase of Equipment: $150,000
- Proceeds from Issuance of Common Stock: $200,000
- Payment of Dividends: $50,000
Calculate the company's: a. Net Cash Provided by Operating Activities b. Net Cash Used in Investing Activities c. Net Cash Provided by Financing Activities d. Net Increase (Decrease) in Cash e. Ending Cash Balance if the beginning cash balance was $100,000
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