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can yall show me step by step how to get these numbers please Analysts following the Cullumber Golf Company were given the following ba 2020
can yall show me step by step how to get these numbers please
Analysts following the Cullumber Golf Company were given the following ba 2020 , and June 30, 2019: In addition, it was reported that the company had a net income of $1,155.928 and that deprecaticn expenses were equal 10$212,436: during 2020 , Assume amortization expense was $0 in 2020 . Cash Flows from Operating Activities Net Income Additions (sources of cash) Depreciation 212,436 Decrease in Accounts Receivable 58,633 Increase in Accounts Payable 46,302 Increase in Accrued Income Taxes 4,308 Subtractions (uses of cash) \begin{tabular}{l} Increase in Other Current Assets \\ \hline Increase in Inventories \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline Net Cash provided by Operating Activities & $3,395,181 \\ \hline \end{tabular} stion 5 of 6 Net Casn usea in investing Activitres Cash Flows from Financing Activities Increase in Notes Payable Decrease in Long-term Debt Payment of Cash Dividends - 2,966,482 Purchase of Treasury Stock Net Cash used in Financing Activities Effect of Exchange Rates on Cash Net Increase in Cash and Marketable Securities Cash and Marketable Securities at Beginning of Year Cash and Marketable Securities at End of Year Purchase of Treasury Stock Net Cash used in Financing Activities Effect of Exchange Rates on Cash Net Increase in Cash and Marketable Securities 16,845 Cash and Marketable Securities at Beginning of Year 16,706 Cash and Marketable Securities at End of Year Step by Step Solution
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