Monty beverage company reported the following items in the


Question - Monty Beverage Company reported the following items in the most recent year.

Net income - $43,800

Dividends paid - 6,760

Increase In accounts receivable - 11,930

Increase in accounts payable - 7,670

Purchase of equipment (capital expenditure) - 8,410

Depreciation expense - 4,670

Issue of notes payable - 21,530

Required - Compute net cash provided by operating activities, the net change In cash during the year.

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Accounting Basics: Monty beverage company reported the following items in the
Reference No:- TGS02454892

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