M12-12 (Static) Calculating Cash Flows [LO 12-5] Assume Weartronics Clothing reported net cash provided by...
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M12-12 (Static) Calculating Cash Flows [LO 12-5] Assume Weartronics Clothing reported net cash provided by operating activities of $200,000, cash paid for dividends of $20,000, cash received from stock issuance of $50,000, cash paid for equipment purchases of $120,000, cash received from bank loan advances of $10,000, and cash paid for intangible assets of $10,000. Required:
Calculate the following:
1. Net cash provided by (used in) investing activities.
2. Net cash provided by (used in) financing activities.
3. Net increase (decrease) in cash.
4. Free cash flow.
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