Business, 24.03.2021 17:00, cookies1164

Pearl Corporation reported net income of $49,100 in 2020. Depreciation expense was $17,200. The following working capital accounts changed. Accounts receivable $11,200 increase
Available-for-sale debt securities 16,900 increase
Inventory 7,300 increase
Nontrade note payable 14,400 decrease
Accounts payable 13,300 increase

Required:
Compute net cash provided by operating activities. (Show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,000).)

Answers: 2

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Pearl Corporation reported net income of $49,100 in 2020. Depreciation expense was $17,200. The foll...