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Flounder Beverage Company reported the following items in the most recent year. Net income Dividends paid Increase in accounts receivable $48,600 5,100 11,570 Increase
Flounder Beverage Company reported the following items in the most recent year. Net income Dividends paid Increase in accounts receivable $48,600 5,100 11,570 Increase in accounts payable 8,150 Purchase of equipment (capital expenditure) 8,620 Depreciation expense 5,150 Issue of notes payable 24,000 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).)
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