Barton and Williams Company acc receivable

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barton_and_williams_company_question.doc

Barton and Williams Company reported the following items in 2015:

Net income

$50,000

Dividends paid

5,000

Decrease in accounts receivable

12,000

Decrease in accounts payable

8,000

Purchase of equipment (capital expenditure)

9,000

Depreciation expense

3,500

Issue of notes payable

15,000

Required: Show all your calculations to derive the following answers. (You don't need to show in report format.)

1. net cash provided by operating activities

2. the net change in cash during 2015

3. free cash flow