Frankin Corporations net cash provided by operating activities was $.docx - Frankin Corporation's net cash provided by operating activities was $225

Frankin Corporations net cash provided by operating activities was $.docx

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Frankin Corporation's net cash provided by operating activities was $225; its capital expenditures were $90; and its cash dividends were $47. The company's free cash flow was: The data given below are from the accounting records of the Kuhn Corporation: Net Income (accrual basis) Depreciation Expense Decrease in Accounts Payable $47,000 $10,000 $2,600 $ 3,100 Decrease in Inventory Increase in Bonds Payable $11,000 Sale of Common Stock for cash $30,200 $ 4,700 Increase in Accounts Receivable Based on this information, the net cash provided by (used in) operating
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Unformatted text preview: activities using the indirect method would be: Klutz Dance Studio had net income of $177,000 for the year just ended. Klutz collected the following additional information to prepare its statement of cash flows for the year: Decrease in accounts receivable $26,500 Increase in accounts payable $13,500 Increase in retained earnings Cash paid for purchase of new music equipment Depreciation expense $97,000 22,500 $ 5,500 Klutz uses the indirect method to prepare its statement of cash flows. What is Klutz's net cash provided by (used in) operating activities?...
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  • Spring '17
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