Answer:
net cash provided by operating activities = $11,000
Explanation:
given data
net income = $22,000
Inventory decreased = $7,000
Payable decreased = $8,000
Accounts Receivable increased = $6,000
Depreciation Expense = $10,000
solution
we get here net cash provided by operating activities that is express as
net cash provided = Net income - Decrease in Inventory - Decrease in Accounts Payable + Depreciation - Increase in Accounts Receivable ................1
put here value and we get
net cash provided = $22,000 - $7,000 - $8,000 + $10,000 - $6,000
net cash provided by operating activities = $11,000
