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compute the net cash provided by operating activities.

compute the net cash provided by operating activities.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following information is available for Vaughn Company: Receipts from customers $218,000 Dividends from stock investments 5,000 Proceeds from sale of equipment 19,000 Proceeds from issuance of stock 91,000 Payments for inventory 101,000 Payments for operating expenses 79,000 Interest paid 7,000 Taxes paid 5,000 Dividends paid 21,000 Based on the preceding information, compute the net cash provided by operating activities. Net cash provided by operating activities $
Transcribed Image Text:The following information is available for Vaughn Company: Receipts from customers $218,000 Dividends from stock investments 5,000 Proceeds from sale of equipment 19,000 Proceeds from issuance of stock 91,000 Payments for inventory 101,000 Payments for operating expenses 79,000 Interest paid 7,000 Taxes paid 5,000 Dividends paid 21,000 Based on the preceding information, compute the net cash provided by operating activities. Net cash provided by operating activities $
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