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Flounder Beverage Company reported the following items in the most recent year. Net income $49,400 Dividends paid 6,820 Increase in accounts receivable 10,010 Increase in accounts payable 7,900 Purchase of equipment (capital expenditure) 8,600 Depreciation expense 4,900 Issue of notes payable 20,940 Compute net cash provided by operating activities, the net change in cash during the year.

Respuesta :

Tundexi

Answer:

Net Cash flow from Operating activities  is $52,100

Explanation:

                     Cash Flow from operating activities

          Particulars                                            Amount          Amount

Net Income                                                                              $49,400

Add: Depreciation expenses                          $4,900

Add: Increase in accounts payable                $7,900

Less: Increase in accounts receivable         -($10,100)

                                                                                                  $2,700

Net Cash flow from Operating activities                              $52,100

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