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The Red Blast Company uses the visual inspection method for completing the statement of cash flows. The following information relates to the Red Blast Company:
The Red Blast Company uses the visual inspection method for completing the statement of cash flows.
The following information relates to the Red Blast Company:
Increase in accounts receivable $ 80
Increase in bonds payable 1,000
Decrease in inventory 75
Net income 10,000
Amortization of premium on bonds payable 260 decrease in income tax payable 90
Depreciation expense 2,000
Decrease in accounts payable 380
What is the net cash provided by operating activities?
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