Sunland Beverage Company reported the following items in the most recent year. Net income $48,600 Dividends...
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Sunland Beverage Company reported the following items in the most recent year. Net income $48,600 Dividends paid 5,100 Increase in accounts receivable 11,570 Increase in accounts payable 8,150 Purchase of equipment (capital expenditure) 8,620 Depreciation expense 5,150 Issue of notes payable 24,000 Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) SUNLAND BEVERAGE COMPANY Statement of Cash Flows Adjustments to reconcile net income to 3 4 5 6 7 8 q II 13 14 Compute free cash flow. Free Cash Flow 10 ||| Sunland Beverage Company reported the following items in the most recent year. Net income $48,600 Dividends paid 5,100 Increase in accounts receivable 11,570 Increase in accounts payable 8,150 Purchase of equipment (capital expenditure) 8,620 Depreciation expense 5,150 Issue of notes payable 24,000 Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) SUNLAND BEVERAGE COMPANY Statement of Cash Flows Adjustments to reconcile net income to 3 4 5 6 7 8 q II 13 14 Compute free cash flow. Free Cash Flow 10 |||
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Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
Posted Date:
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