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Compute net cash provided by operating activities

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Reference no: EM131787074

Question - Keyser beverage company reported the following items in the most recent year.

Net income $40,000

dividends paid $5,000

increase in accounts receivable $10,000

increase in accounts payable $7,000

purchase of equipment (capital expenditure) $8,000

depreciation expense $4,000

issue of notes payable $20,000

Compute net cash provided by operating activities, the net change in cash during the year, and free cash flow.

Reference no: EM131787074

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