The following data relates to Ronaldo Inc. for last year: $117,000 $31,000 $45,000 $20,000 $8,000 $3,000 Net income.. Net increase in all current assets except cash... Net increase in current liabilities... Dividends paid on common stock Depreciation expense. Gain on sale of investments. What is Ronaldo's net cash provided by operating activities for last year on the statement of cash flows?

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
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 10E
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The following data relates to Ronaldo Inc. for last year:
Net income.
Net increase in all current assets except cash.
Net increase in current liabilities...
Dividends paid on common stock.
Depreciation expense ..
Gain on sale of investments .
$117,000
$31,000
$45,000
$20,000
$8,000
$3,000
What is Ronaldo's net cash provided by operating activities for last year on the statement of cash flows?
Transcribed Image Text:The following data relates to Ronaldo Inc. for last year: Net income. Net increase in all current assets except cash. Net increase in current liabilities... Dividends paid on common stock. Depreciation expense .. Gain on sale of investments . $117,000 $31,000 $45,000 $20,000 $8,000 $3,000 What is Ronaldo's net cash provided by operating activities for last year on the statement of cash flows?
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