COTB MC Qu. 15.48 (Algo) Assume that a company provided... Assume that a company provided the foilowing statement of cash flows (all sales are on account): Operating activities: Net income Adjustments to convert net income to a cash basis: Depreciation Decrease in accounts receivable Increase in inventory Increase in accounts payable (10) Net cash provided by (used in) operating activities 114 Investing activities: Financing activities: Issuance of common stock 12 Cashdividendspaid(22) Net cash provided by (used in) financing activittes 7 (17) Net increase in cash and cash equivalents Beginning cash and cash equivalents Ending cash and cash equivalents $53 (40) 5136 Multiple Choice 5(17) $19 515 $2