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3. AR SME provided the following information in relation to the preparation of statement of the news for the current year: 3,800,000 10,000 790,000 2,700,000
3. AR SME provided the following information in relation to the preparation of statement of the news for the current year: 3,800,000 10,000 790,000 2,700,000 300,000 20,000 600,000 100,000 90,000 Net income for the year Noncash finance cost, finance cost paid P250,000 Noncash income tax expense income taxes paid P1,900,000 Depreciation of property, plant and equipment Impairment loss Amortization intangible asset Gain on sale of equipment Increase in trade and other receivables Decrease in inventories Increase in trade payables including unrealized foreign exchange loss of P10,000 charged to other expenses Increase in current and long term benefit payable Proceeds from sale of equipment Purchase of equipment for cash Payment of finance lease liability Repayment of borrowings Dividends paid Issuance of share capital for cash Purchase of treasury shares for cash 1. What is the net cash provided by operating activities? 7,150,000 b. 6,350,000 c. 7,140,000 d. 5,650,000 110,000 30,000 1,000,000 4,850,000 200,000 1,000,000 1.500.000 2,000,000 500,000 2. What is the net casb used in investing activides? 4,850,000 b. 3,850,000 4, 5,850,000 d. 1,000,000 3. What is the net cash used in financing activities' # 3,200,000 b. 1,200,000 c. 1,700,000 d. 2,700,000
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