Adjustments to reconcile net income

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Reference no: EM131219190

Hendrickson Corporation reported net income of $49,070 in 2014. Depreciation expense was $18,960. The following working capital accounts changed. Accounts receivable $13,380 increase Available-for-sale securities 15,710 increase Inventory 7,090 increase Nontrade note payable 14,150 decrease Accounts payable 15,030 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).) Hendrickson Corporation Statement of Cash Flows (Partial) For the Year 2014 $ Adjustments to reconcile net income to $

Reference no: EM131219190

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