FDN Company shows the following amounts in its Statement of Cash Flows for the y Net cash used in operating activities P 2,000,000 Net cash used in investing activities 4,000,000 Net cash provided by financing activities 5,500,000 Cash balance, January 1 8,000,000 How much is the balance of cash at December 31, 2021?
FDN Company shows the following amounts in its Statement of Cash Flows for the y Net cash used in operating activities P 2,000,000 Net cash used in investing activities 4,000,000 Net cash provided by financing activities 5,500,000 Cash balance, January 1 8,000,000 How much is the balance of cash at December 31, 2021?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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