Whispering Corporation reported net income of $54,100 in 2025. Depreciation expense was $16,700. The following working...

 

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Whispering Corporation reported net income of $54,100 in 2025. Depreciation expense was $16,700. The following working capital accounts changed. Accounts receivable Available-for-sale debt securities Inventory Nontrade note payable Accounts payable $11,300 increase 16,000 increase 8,000 increase 15.900 decrease 11,600 increase Compute net cash provided by operating activities. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).) Whispering Corporation reported net income of $54,100 in 2025. Depreciation expense was $16,700. The following working capital accounts changed. Accounts receivable Available-for-sale debt securities Inventory Nontrade note payable Accounts payable $11,300 increase 16,000 increase 8,000 increase 15.900 decrease 11,600 increase Compute net cash provided by operating activities. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).)

Answer rating: 100% (QA)

SOLUTION To compute the net cash provided by operating activities we need to adjust the net income f... View the full answer