Onze Douze Company had the following cash flows during the current year:What is the net cash provided by operating activities?a. ₱200,000b. ₱300,000c. ₱400,000d. ₱600,000 Cash receipts from issuance of ordinary sharesCash receipts from customersCash receipts from dividends on long-term investmentsCash receipts from repayment of loan made to another entityCash payment for wages and other operating expensesCash payments for insuranceCash payment for dividendsCash payments for taxesCash payment to purchase landWhat is the net cash provided by operating activities?P4,000,0002,000,000300,0002,200,0001,200,000100,000200,000400,000800,000

Lets understand the basics. Cashflow statement is divided into three main activities which are, (1)…

Answered: Onze Douze Company had the following…

Onze Douze Company had the following cash flows during the current year: What is the net cash provided by operating activities? a. ₱200,000 b. ₱300,000 c. ₱400,000 d. ₱600,000

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 27BE

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Question

Onze Douze Company had the following cash flows during the current year:

What is the net cash provided by operating activities?

a. ₱200,000

b. ₱300,000

c. ₱400,000

d. ₱600,000

Cash receipts from issuance of ordinary shares
Cash receipts from customers
Cash receipts from dividends on long-term investments
Cash receipts from repayment of loan made to another entity
Cash payment for wages and other operating expenses
Cash payments for insurance
Cash payment for dividends
Cash payments for taxes
Cash payment to purchase land
What is the net cash provided by operating activities?
P4,000,000
2,000,000
300,000
2,200,000
1,200,000
100,000
200,000
400,000
800,000

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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