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Rogers Company reported net income of $49,646 for the year. During the year, accounts receivable increased by $6,774, accounts payable decreased by $2,909 and depreciation expense of $52,092 was recorded. Net cash provided by operating activities for the year is_______-

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eooyibo123

Answer:

Cash flow from operations= $105,603

Explanation:

Cash flow from operating activities is the cash inflow and outflow from normal business activities during a specified period.

The formula is given as

Cash flow from operations= Net income + Depreciation and amortization + Adjustment to net income+ Changes in account receivable+ Changes in inventory+ Changes in other operating activities.

Cash flow from operations= 49,646+ 6,774- 2,909+ 52,092

Cash flow from operations= $105,603

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