Crane Beverage reported the following items in the most recent year. Net income $ 33,600 Dividends paid 4,200 Increase in accounts receivable 8,400 Increase in accounts payable 5,880 Purchase of...


Crane Beverage reported the following items in the most recent year.<br>Net income<br>$ 33,600<br>Dividends paid<br>4,200<br>Increase in accounts receivable<br>8,400<br>Increase in accounts payable<br>5,880<br>Purchase of equipment (capital expenditure)<br>6,720<br>Depreciation expense<br>3,360<br>Issue of notes payable<br>16,800<br>Prepare the statement of cash flows to net change in cash during the year. (Show amounts that decrease cash flows with either a - sign eg.<br>-15,000 or in parenthesis eg. (15,000),)<br>CRANE BEVERAGE<br>Statement of Cash Flows<br>24<br>Adjustments to reconcile net income to<br>

Extracted text: Crane Beverage reported the following items in the most recent year. Net income $ 33,600 Dividends paid 4,200 Increase in accounts receivable 8,400 Increase in accounts payable 5,880 Purchase of equipment (capital expenditure) 6,720 Depreciation expense 3,360 Issue of notes payable 16,800 Prepare the statement of cash flows to net change in cash during the year. (Show amounts that decrease cash flows with either a - sign eg. -15,000 or in parenthesis eg. (15,000),) CRANE BEVERAGE Statement of Cash Flows 24 Adjustments to reconcile net income to
Prepare the statement of cash flows to net change in cash during the year. (Show amounts that decrease cash flows with either a- sign eg.<br>-15,000 or in parenthesis eg. (15,000).)<br>CRANE BEVERAGE<br>Statement of Cash Flows<br>Adjustments to reconcile net income to<br>2$<br>Compute free cash flow.<br>Free Cash Flow<br>$<br>%24<br>><br>><br>><br>><br>><br>><br>><br>><br>><br>><br>

Extracted text: Prepare the statement of cash flows to net change in cash during the year. (Show amounts that decrease cash flows with either a- sign eg. -15,000 or in parenthesis eg. (15,000).) CRANE BEVERAGE Statement of Cash Flows Adjustments to reconcile net income to 2$ Compute free cash flow. Free Cash Flow $ %24 > > > > > > > > > >

Jun 11, 2022
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