Compute net cash provided by operating activities

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Reference no: EM132316840

Question

Vaughn Beverage Company reported the following items in the most recent year.

Net income   $47,600

Dividends paid   6,750

Increase in accounts receivable  11,000

Increase in accounts payable  7,040

Purchase of equipment (capital expenditure)  8,160

Depreciation expense   4,040

Issue of notes payable  20,520

Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Reference no: EM132316840

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