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Pina Colada Corp. reported a net loss of $16500 for the year ended December 31, 2022. During the year, accounts receivable decreased $8250, inventory
Pina Colada Corp. reported a net loss of $16500 for the year ended December 31, 2022. During the year, accounts receivable decreased $8250, inventory increased $13200, accounts payable increased by $16500, and depreciation expense of $9900 was recorded. During 2022, operating activities O provided net cash of $11550. Oused net cash of $11550. O provided net cash of $4950. O used net cash of $4950.
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