FDN Trading has the following information in 2022: Net cash used in financing activities, P897,000 Net cash used in investing activities, P2,500,000 Cash balance, January 1, 2022, P2,200,000 Cash balance, December 31, 2022, P2,100,000 How much is the net cash provided by operating activities that should be presented on the Statement of Cash Flows?

FDN Trading has the following information in 2022: Net cash used in financing activities, P897,000 Net cash used in investing activities, P2,500,000 Cash balance, January 1, 2022, P2,200,000 Cash balance, December 31, 2022, P2,100,000 How much is the net cash provided by operating activities that should be presented on the Statement of Cash Flows?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 6EA: Use the following information from Birch Companys balance sheets to determine net cash flows from...

See similar textbooks

Similar questions

Use the following information from Berlin Companys financial statements to prepare the operating activities section of the statement of cash flows (indirect method) for the year 2018.
Use the following excerpts from Tungsten Companys financial information to prepare a statement of cash flows (indirect method) for the year 2018.
Refer to the information for Cornett Company above. What amount should Cornett report on its statement of cash flows as net cash flows provided by investing activities? a. $(5,200) b. $55,200 c. $144,800 d. None of these
Use the following excerpts from Stern Companys financial information to prepare a statement of cash flows (indirect method) for the year 2018.
Use the following excerpts from Victrolia Companys financial information to prepare a statement of cash flows (direct method) for the year 2018.
Use the following excerpts from Unigen Companys financial information to prepare the operating section of the statement of cash flows (indirect method) for the year 2018.
Use the following information from Grenada Companys financial statements to prepare the operating activities section of the statement of cash flows (indirect method) for the year 2018.
Use the following information from Isthmus Companys financial statements to prepare the operating activities section of the statement of cash flows (indirect method) for the year 2018.
Preparing a Statement of Cash Flows Volusia Company reported the following comparative balance sheets for 2019: Required: Prepare a statement of cash flows for Volusia using the indirect method to compute net cash flow from operating activities.
Use the following excerpts from Swansea Companys financial information to prepare the operating section of the statement of cash flows (direct method) for the year 2018.
Use the following information from Birch Companys balance sheets to determine net cash flows from operating activities (indirect method), assuming net income for 2018 of $122,000.
Use a spreadsheet and the following financial information from Mineola Companys financial statements to build a template that automatically calculates the net operating cash flow. It should be suitable for use in preparing the operating section of the statement of cash flows (indirect method) for the year 2018.