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Please answer..... *Brief Exercise 5-19 Flounder Co. reported the following items in the most recent year: Net income $48,000 Dividends paid 5,800 Increase in accounts

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*Brief Exercise 5-19 Flounder Co. reported the following items in the most recent year: Net income $48,000 Dividends paid 5,800 Increase in accounts receivable 16,000 Increase in accounts payable 8,000 Purchase of equipment 8,600 Depreciation expense 4,600 Issue of notes payable for cash 23,000 Calculate net cash provided (used) by operating activities, the net change in cash during the year, and free cash flow. Dividends paid are treated as financing activities. Flounder uses the indirect method for its Statement of Cash Flows. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash operating activities Net change in cash during the year Free cash flow Assuming Flounder had 100,000 common shares outstanding for the entire year, calculate cash flow per share to be included in the financial statements if Flounder follows IFRS and chooses to disclose the ratio. (Round answer to 2 decimal places, e.g. 52.75.) Cash flow per share $

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