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Compute free cash flow Pharoah Company Statement of Cash Flows - Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities
Compute free cash flow
Pharoah Company Statement of Cash Flows - Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income \( \$ \longdiv { 3 1 7 6 0 } \) Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense $\begin{tabular}{ll} \hline & 16500 \\ \hline \end{tabular} Increase in Accounts Receivable Increase in Ifventory \begin{tabular}{|c|c|} \hline & 13400 \\ \hline & \\ \hline & 10300 \\ \hline \end{tabular} Increase in Accounts Payable \begin{tabular}{|c|c|} \hline 11900 \\ \hline \end{tabular} Decrease in Income Taxes Payable Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Equipment Net Cash Provided by Investing Activities Cash Flows from Financing Activities Payment of Dividends \begin{tabular}{|l|l|} \hline27460 \\ \hline \end{tabular} Redemption of Bonds \begin{tabular}{|l|} \hline4400 \\ \hline \end{tabular} Issuance of Common Stock Net Cash Used by Financing Activities Net increase in Cash Cash at Beginning of Period Cashat End of Period Compute free cash flow. (Show amounts that decrease cash flow with either a-sign e.g. - 15,000 or in parenthesis e.g. (15,000).) Free cash flow Attempts: 0 of 3 used Step by Step Solution
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