During 2021, Bramble Corp. earned net income of $490000 which included depreciation expense of $78000. In...

Transcribed Image Text:

During 2021, Bramble Corp. earned net income of $490000 which included depreciation expense of $78000. In addition, the company experienced the following changes in the account balances listed below: Increases Decreases Accounts payable $44400 Accounts receivable $11500 Inventory 36400 Accrued liabilities 23500 Prepaid insurance 32000 Based upon this information what amount will be shown for net cash provided by operating activities for 2021? During 2021, Bramble Corp. earned net income of $490000 which included depreciation expense of $78000. In addition, the company experienced the following changes in the account balances listed below: Increases Decreases Accounts payable $44400 Accounts receivable $11500 Inventory 36400 Accrued liabilities 23500 Prepaid insurance 32000 Based upon this information what amount will be shown for net cash provided by operating activities for 2021?

Answer rating: 100% (QA)

Calculation of Net cash flow from operating activities is given below Net income 490000 ... View the full answer