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Compute the net change in cash during the year

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

Net income $46,300

Dividends paid 5,200

Increase in accounts receivable 12,760

Increase in accounts payable 8,220

Purchase of equipment (capital expenditure) 9,590

Depreciation expense 5,220

Issue of notes payable 24,490

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

Reference no: EM132574245

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