Question
Brief Exercise 5-12 Bridgeport Beverage Company reported the following items in the most recent year. Net income $46,100 Dividends paid 5,250 Increase in accounts receivable
Brief Exercise 5-12 Bridgeport Beverage Company reported the following items in the most recent year.
Net income $46,100
Dividends paid 5,250
Increase in accounts receivable 10,560
Increase in accounts payable 7,310
Purchase of equipment (capital expenditure) 9,830
Depreciation expense 4,310
Issue of notes payable 23,750
Compute net cash provided by operating activities, the net change in cash during the year.
(Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Compute free cash flow. Free Cash Flow $
BRIDGEPORT BEVERAGE COMPANY Statement of Cash Flows
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