Solution-Calculate the net cash provided

Calculate the net cash provided

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Reference no: EM13911432

Net income was $44,700; accounts receivable decreased by $12,000; inventory increased by $7,200; proceeds from the issuance of long term debt were $15,000; accounts payable decreased by $4,100; equipment purchases were $50,000; depreciation and amortization expense was $22,500.

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

Reference no: EM13911432

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Calculate the net cash provided : Net income was $44,700; accounts receivable decreased by $12,000; inventory increased by $7,200; proceeds from the issuance of long term debt were $15,000; accounts payable decreased by $4,100; equipment purchases were $50,000; depreciation and amort..

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Calculate the net cash provided

Reference no: EM13911432

Reference no: EM13911432

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