Net cash provided by Operating activities

Please calculate the Net cash provided by Operating activities:

Expert Solution

Statement of Cash Flows
Cash flow from operating activities:
Net income	$53,500
Adjustment to reconcile net income to net cash flow from operating activities:
Add: Depreciation expense	$25,000
Less: Increases in Accounts receivable	$(4,100)
Less: Increases in Inventory	$(11,500)
Add: Decrease in prepaid rent	$10,500
Add: Increase in Operating expense payable	$5,600
Less: Decrease in Accounts payable	$(7,100)
Add: Increase in Income tax payable	$21,600
Net cash provided by Operating activities	$93,500

Net cash provided by Operating activities = $93,500

DEEPIKA GOYAL answered 1 year ago

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