The following information is taken from the records of Golden Harvest Corporation: 20. Collections from Sale of merchandise Sale of share capital Sale of investment property From issue of bonds payable From dividends on investments held P3,700,000 4,200,000 1,300,000 2,000,000 90,000 Cash payments for Purchase of furniture and fixtures Operating expenses Merchandise purchased Purchase of treasury shares Interest on notes payable Notes payable Dividends P3,400,000- 1,505,000 2,580,000 100,000 120,000 1,000,000 500,000 Required: (a) How much is the net cash flow from operating activities ? (b) How much is the net cash flow from investing activities? (c) How much is the net cash flow from financing activities?

The following information is taken from the records of Golden Harvest Corporation: 20. Collections from Sale of merchandise Sale of share capital Sale of investment property From issue of bonds payable From dividends on investments held P3,700,000 4,200,000 1,300,000 2,000,000 90,000 Cash payments for Purchase of furniture and fixtures Operating expenses Merchandise purchased Purchase of treasury shares Interest on notes payable Notes payable Dividends P3,400,000- 1,505,000 2,580,000 100,000 120,000 1,000,000 500,000 Required: (a) How much is the net cash flow from operating activities ? (b) How much is the net cash flow from investing activities? (c) How much is the net cash flow from financing activities?

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter17: Financial Statement Analysis

Section17.4: Analyzing Financial Statements Using Financial Ratios

Problem 1WT

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