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Bonita Corporation reported net income of $47,300 in 2020. Depreciation expense was $16,000. The following working capital accounts changed. Accounts receivable $11,600 increase Available-for-sale debt
Bonita Corporation reported net income of $47,300 in 2020. Depreciation expense was $16,000. The following working capital accounts changed. Accounts receivable $11,600 increase Available-for-sale debt securities 15,500 increase Inventory 7,700 increase Nontrade note payable 14,700 decrease Accounts payable 12,200 increase Compute net cash provided by operating activities. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Bonita Corporation Statement of Cash Flows (Partial) V $ Adjustments to reconcile net income to A
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