(Answered)-4. Net income was $72,100; accounts receivable decreased by

4.?

Net income was $72,100; accounts receivable decreased by $17,750; inventory increased by $7,850; proceeds from the issuance of long-term debt were $23,450; accounts payable decreased by $6,050; equipment purchases were $77,000; depreciation and amortization expense was $30,800. (Amounts to be deducted should be indicated with a minus sign).

Required:

Calculate the net cash provided (used) by operating activities for the period.

Cash Flows From Operating Activities: _____________________________?? _______________________ _____________________________?? _______________________ _____________________________?? _______________________ _____________________________?? _______________________ _____________________________?? _______________________ _____________________________?? _______________________ _____________________________?? _______________________ _____________________________?? _______________________ _____________________________?? _______________________ _____________________________?? _______________________

 

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Oct 07, 2020

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