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Brief Exercise 5-12 Your answer is partially correct. Try again. Keyser Beverage Company reported the following items in the most recent year. Net income $40,560
Brief Exercise 5-12
Your answer is partially correct. Try again. | |
Keyser Beverage Company reported the following items in the most recent year.
Net income | $40,560 |
Dividends paid | 6,340 |
Increase in accounts receivable | 11,070 |
Increase in accounts payable | 7,150 |
Purchase of equipment (capital expenditure) | 9,380 |
Depreciation expense | 6,150 |
Issue of notes payable | 24,110 |
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).)
Keyser Beverage Company Statement of Cash Flows |
$ | |
$ |
$ |
Compute free cash flow.
Free Cash Flow | $ |
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