OllyPop Beverage Company reported the following items in the most recent year. Net income $41,700 Dividends paid 5,060 Increase in accounts receivable 10,640 Increase in accounts payable 7,220 Purchase of equipment (capital expenditure) 8,300 Depreciation expense 4,220 Issue of notes payable 21,440 Compute net cash provided by operating activities, the net change in cash during the year.
OllyPop Beverage Company reported the following items in the most recent year. Net income $41,700 Dividends paid 5,060 Increase in accounts receivable 10,640 Increase in accounts payable 7,220 Purchase of equipment (capital expenditure) 8,300 Depreciation expense 4,220 Issue of notes payable 21,440 Compute net cash provided by operating activities, the net change in cash during the year.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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OllyPop Beverage Company reported the following items in the most recent year.
| Net income | $41,700 | |
| Dividends paid | 5,060 | |
| Increase in |
10,640 | |
| Increase in accounts payable | 7,220 | |
| Purchase of equipment (capital expenditure) | 8,300 | |
| 4,220 | ||
| Issue of notes payable | 21,440 |
Compute net cash provided by operating activities, the net change in cash during the year.
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