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free cash flow, answer is not 24! Operatingg actrities Net income Adjustments to convert net inc ome to cash basis Increase in accounts receivable Increase
free cash flow, answer is not 24!
Operatingg actrities Net income Adjustments to convert net inc ome to cash basis Increase in accounts receivable Increase in inventory Decrease in pmpad experses 22,000 60 000) (25.000) 9,000 55,000 ncrease in accounts payable Decsease in accrued labliies Increase in income taxes payable 5,000 (6,000) Net cash provided by operating acivbes 34,000 nvesting actvibes Proc eeds from the sale of equipment 14,000 (40,000) (110.000) Addtions to plant and eqapment 136.occ) Net cash used for nvesting activities Fingng ing acbvties Increase in bonds pay able Increase rs comion stock 90,000 40.000 30,000) Net cash provided by financing activities 100,C00 Not decrease in cash Beginning cash balance 2.000) 27.000 Ending cash balance 5 25, 000 Required Compute Apes Company's tree cash now Tor the curment year Negative amount should be indicated by o minas sigu) Froe cash
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