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A company had net income of P3,250,000 and paid dividends to common stockholders of P390,000 in 2017. The weighted average number of shares outstanding in
A company had net income of P3,250,000 and paid dividends to common stockholders of P390,000 in 2017. The weighted average number of shares outstanding in 2017 was 50,000 shares. Its common stock is selling for P52 per share in the Philippine Stock Exchange. The payout ratio for 2017 is (A) 16% B 6.5 per share 8.3% D) 12% The entity reported the following information in 2020: Cash provided by operating activities, 960,000 Cash used by investing activities, 330,000 Cash provided by financing activities, 420,000 Beginning cash balance, 270,000 Instructions: Type the numerical answer 1, 2, 3. or 4 in the box after the question. A. How much is the net increase in cash for the current period? Blank 1 1) 1,320,000 2) 1,980,000 3) 1,710,000 4) 1,050,000 B. How much is the ending balance of cash? Blank 2 1) 1,320,000 2) 1,980,000 3) 1,710,000 4) 1,050,000 Question 19 The following information are available at year-end: Cash payment for the items of property, plant, and equipment (PPE) purchased, 35,000 Initial cash investment made by the owner to the business, 250,000 Cash payment for dividends, 100,000 Instructions: Type the numerical answer 1, 2, 3. or 4 in the box after the question. A. How much is the net cash provided by financing activities? Blank 1 1) 150,000 2) 350,000 3) 35,000 4) 115,000 B. How much is the net cash used by investing activities? Blank 2 1) 150,000 2) 350,000 3) 35,000 4) 115,000
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