How much is the net cash flow from operating activities using indirect method? FOR ITEM 36The net income for the current year of South Company was Php 3,520,000. Additionaldata are as follows:Purchase of Plant Asset2,800,000Depreciation of Plant Asset1,480,000Dividends received970,000Net decrease in noncash current assets290,000Loss on sale of equipment130,000

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Accounting

How much is the net cash flow from operating activities using indirect method?

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter7: Fixed Assets, Natural Resources, And Intangible Assets

Section: Chapter Questions

Problem 7.3.3MBA

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