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Hendrickson Corporation reported net income of $45,640 in 2012. Depreciation expense was $16,510. The following working capital accounts changed. Accounts receivable $10,570 increase Available-for-sale securities
Hendrickson Corporation reported net income of $45,640 in 2012. Depreciation expense was $16,510. The following working capital accounts changed. Accounts receivable $10,570 increase Available-for-sale securities 16,670 increase Inventory 7,390 increase Nontrade note payable 14,780 decrease Accounts payable 11,340 increase Compute net cash provided by operating activities
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