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Cullumber Beverage Company reported the following items in the most recent year. Net income   $48,300 Dividends paid   6,320 Increase in accounts receivable   11,860 Increase in accounts payable   7,470 Purchase of equipment (capital expenditure)   8,710 Depreciation expense   4,470 Issue of notes payable   22,850 Compute net cash provided by operating activities, the net change in cash during the year.

Cullumber Beverage Company reported the following items in the most recent year. Net income   $48,300 Dividends paid   6,320 Increase in accounts receivable   11,860 Increase in accounts payable   7,470 Purchase of equipment (capital expenditure)   8,710 Depreciation expense   4,470 Issue of notes payable   22,850 Compute net cash provided by operating activities, the net change in cash during the year.

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 5RE: In the current year, Harrisburg Corporation had net income of 35,000, a 9,000 decrease in accounts...
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Cullumber Beverage Company reported the following items in the most recent year.

Net income   $48,300
Dividends paid   6,320
Increase in accounts receivable   11,860
Increase in accounts payable   7,470
Purchase of equipment (capital expenditure)   8,710
Depreciation expense   4,470
Issue of notes payable   22,850

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).)
 
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