How much is the net cash flow from financing?O (P 285,000)O (P510,000)O (P210,000)O (P445,000) Accounts payable(5,000)Dividends payable160,000Short-term notes, non-trade300,000Long-term debts130,000Ordinary share, P10 par150,000Share premium (APIC)75,000Accumulated profits290,000The following additional information relates to the same year:1. Net income was P1,090,000.2. Cash dividend declared was P800,000.3. Equipment costing P600,000 and having carrying cost of P350,000 was sold for P350,000. The following changes in the statement of financial position accounts of MGT were gathered for preparationof Statement on Cash Flow:Increase (Decrease)Cash270,000Short-term investment200,000Accounts receivable(20,000)Inventory100,000Noncurrent investment(100,000)Equipment700,000Accumulated depreciation increase 50,000Accounts payable(5,000)Dividends payable160,000Short-term notes, non-trade300,000

Cash flow from financing activities include the cash paid or received from the financing activities…

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How much is the net cash flow from financing? O (P 285,000) O (P510,000) O (P210,000) O (P445,000)

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter15: Statement Of Cash Flows

Section: Chapter Questions

Problem 8E: Reporting changes in equipment on statement of cash flows An analysis of the general ledger accounts...

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Question

How much is the net cash flow from financing? O (P 285,000) O (P510,000) O (P210,000) O (P445,000)

Accounts payable
(5,000)
Dividends payable
160,000
Short-term notes, non-trade
300,000
Long-term debts
130,000
Ordinary share, P10 par
150,000
Share premium (APIC)
75,000
Accumulated profits
290,000
The following additional information relates to the same year:
1. Net income was P1,090,000.
2. Cash dividend declared was P800,000.
3. Equipment costing P600,000 and having carrying cost of P350,000 was sold for P350,000.

The following changes in the statement of financial position accounts of MGT were gathered for preparation
of Statement on Cash Flow:
Increase (Decrease)
Cash
270,000
Short-term investment
200,000
Accounts receivable
(20,000)
Inventory
100,000
Noncurrent investment
(100,000)
Equipment
700,000
Accumulated depreciation increase 50,000
Accounts payable
(5,000)
Dividends payable
160,000
Short-term notes, non-trade
300,000

Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).

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