Respuesta :
Answer:
Net cash provided by operating activities = $135,800
Step-by-step explanation:
Given:
Net income = 89400
Accounts receivable decreased = 24000
Inventory increased = 14400
Issuance of long-term debt = 30000
Missing data;
Accounts payable decreased = $8,200
Equipment purchases = 100,000
Depreciation and amortization expense = $45,000
Find:
Net cash provided by operating activities
Computation:
Particular Amount
Net Income 89400
Add Amortization 45000
Net income before non cash expenses 134400
Add Decrease in AR 24000
Less Increase in inventory 14400
Less Decrease in AP 8200
Net cash provided by operating activities $135,800
