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Hendrickson corporation reported net income of 54590 in

Question - Hendrickson Corporation reported net income of $54,590 in 2010. Depreciation expense was $15,590. The following working capital accounts changed.

Accounts receivable $11,450 increase

Available-for-sale securities 15,490 increase

Inventory 7,320 increase

Nontrade note payable 14,240 decrease

Accounts payable 12,920 increase

Compute net cash provided by operating activities.

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Accounting Basics: Hendrickson corporation reported net income of 54590 in

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Accounting Basics: Hendrickson corporation reported net income of 54590 in

Reference No:- TGS02595901

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