Sokage Beverage Company reported the following items in the most recent year. Net income $46,800 Dividends paid 6,890 Increase in accounts receivable 12,390 Increase in accounts payable 8,090 Purchase of equipment (capital expenditure) 9,020 Depreciation expense 5,090 Issue of notes payable 24,440 Compute net cash provided by operating activities, the net change in cash during the year. (Write as a Statement of cash flows) Compute free cash flow. Free Cash Flow $enter free cash flow in dollars
Sokage Beverage Company reported the following items in the most recent year. Net income $46,800 Dividends paid 6,890 Increase in accounts receivable 12,390 Increase in accounts payable 8,090 Purchase of equipment (capital expenditure) 9,020 Depreciation expense 5,090 Issue of notes payable 24,440 Compute net cash provided by operating activities, the net change in cash during the year. (Write as a Statement of cash flows) Compute free cash flow. Free Cash Flow $enter free cash flow in dollars
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Sokage Beverage Company reported the following items in the most recent year.
Net income | $46,800 | |
Dividends paid | 6,890 | |
Increase in |
12,390 | |
Increase in accounts payable | 8,090 | |
Purchase of equipment (capital expenditure) | 9,020 | |
5,090 | ||
Issue of notes payable | 24,440 |
Compute net cash provided by operating activities, the net change in cash during the year. (Write as a Statement of
Compute
Free Cash Flow |
$enter free cash flow in dollars
|
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