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Badger, Inc. reports net income of $274,700. The accounting records reveal Depreciation Expense of $37,100, as well as increases in Inventory $18,300 and Accounts Payable
- Badger, Inc. reports net income of $274,700. The accounting records reveal Depreciation Expense of $37,100, as well as increases in Inventory $18,300 and Accounts Payable $4,100. There was also a decrease in Accounts Receivable $3,900.
Using the information above, calculate Badger's net cash provided by operating activities. Show your work.
- Badger, Inc. sold land for $81,700 and investments for $12,300. Badger purchased equipment for $5,200. Badger also issued its own common stock for $235,000, but later repurchased some of its treasury stock for $161,000.
a. Using the information above, calculate Badger's net cash provided by investing activities. Show your work.
b. Using the information above, calculate Badger's net cash provided by financing activities. Show your work.
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