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Brief Exercise 5-12 Headland Beverage Company reported the following items in the most recent year. Net income Dividends paid Increase in accounts receivable $43,000 5,890 11,040 7,780 9,610 4,780 22,400 Increase in accounts payable Purchase of equipment (capital expenditure) Depreciation expense Issue of notes payable Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either HEADLAND BEVERAGE COMPANY Statement of Cash Flows

Brief Exercise 5-12 Headland Beverage Company reported the following items in the most recent year. Net income Dividends paid Increase in accounts receivable $43,000 5,890 11,040 7,780 9,610 4,780 22,400 Increase in accounts payable Purchase of equipment (capital expenditure) Depreciation expense Issue of notes payable Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either HEADLAND BEVERAGE COMPANY Statement of Cash Flows

College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter23: Statement Of Cash Flows
Section: Chapter Questions
Problem 10SPA
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Brief Exercise 5-12 Headland Beverage Company reported the following items in the most recent year. Net income Dividends paid Increase in accounts receivable Increase in accounts payable Purchase of equipment (capital expenditure) Depreciation expense Issue of notes 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 HEADLAND BEVERAGE COMPANY Statement of Cash Flows Compute free cash flow. Free Cash Flow $43,000 5,890 11,040 7,780 9,610 4,780 22,400 69 (A
Transcribed Image Text:Brief Exercise 5-12 Headland Beverage Company reported the following items in the most recent year. Net income Dividends paid Increase in accounts receivable Increase in accounts payable Purchase of equipment (capital expenditure) Depreciation expense Issue of notes 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 HEADLAND BEVERAGE COMPANY Statement of Cash Flows Compute free cash flow. Free Cash Flow $43,000 5,890 11,040 7,780 9,610 4,780 22,400 69 (A
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