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Wildhorse Beverage Company reported the following items in the most recent year. Net income Dividends paid Increase in accounts receivable $47,600 6,750 11,000 7,040
Wildhorse Beverage Company reported the following items in the most recent year. Net income Dividends paid Increase in accounts receivable $47,600 6,750 11,000 7,040 Purchase of equipment (capital expenditure) 8.160 Depreciation expense 4,040 Issue of notes payable 20,520 Increase in accounts payable Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a sign eg.-15,000 or in parenthesis e.g. (15,000).)
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