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Jon Gezotis Company reported the following items in 2014:
Net income
$50,000
Dividends paid
6,000
Increase in accounts receivable
12,000
Increase in accounts payable
8,000
Purchase of equipment (capital expenditure)
9,000
Depreciation expense
3,500
Issue of notes payable
15,000
Required:
Calculate the following:
(1) net cash provided by operating activities,
(2) the net change in cash during 2014, and
(3) free cash flow.
1. How often are network standards reviewed? The standards are reviewed and updated approximately every 5 years. 2. What category of UTP cabling is the minimum for a telephone cable? Cat 5 is used for telephone cable, before Cat 5, Cat 3 was used.
Types of Legal Ownership
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