The following data relate to Austin Corporation for last year: Net income $237 Net increase in all current assets except cash $47 Net decrease in current liabilities $27 Cash dividends paid on common stock $36 Gain on sale of investments $11 Depreciation expense $13 What is the net cash provided by operating activities for last year on the statement of cash flows for Austin Corporation? Enter your answer as either a positive or negative number, do not include a dollar sign.
The following data relate to Austin Corporation for last year: Net income $237 Net increase in all current assets except cash $47 Net decrease in current liabilities $27 Cash dividends paid on common stock $36 Gain on sale of investments $11 Depreciation expense $13 What is the net cash provided by operating activities for last year on the statement of cash flows for Austin Corporation? Enter your answer as either a positive or negative number, do not include a dollar sign.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
min.4
Transcribed Image Text:The following data relate to Austin Corporation for last year:
Net income
$237
Net increase in all current assets except cash
$47
Net decrease in current liabilities
$27
Cash dividends paid on common stock
$36
Gain on sale of investments
$11
Depreciation expense
$13
What is the net cash provided by operating activities for last year on the
statement of cash flows for Austin Corporation?
Enter your answer as either a positive or negative number, do not include a dollar sign.
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