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In philippine peso For the next 4 items: Capiz Company provided the following for the current year: Increase in long-term debt 5,000,000 Purchase of treasury
In philippine peso
For the next 4 items: Capiz Company provided the following for the current year: Increase in long-term debt 5,000,000 Purchase of treasury shares 1,000,000 Depreciation expense 1,500,000 Gain on sale of equipment 500,000 Proceeds from issuance of share capital 4,000,000 Purchase of equipment for cash 7,000,000 Proceeds from sale of equipment 2,000,000 Payment of cash dividend 2,500,000 Net income 8,000,000 Increase (decrease) in working capital accounts: Accounts receivable 2,000,000 Inventory (3,500,000) Trade accounts and notes payable 4,000,000 Income tax payable (4,500,000) Cash balance, January 1 6,000,000 Question 1: What is the net cash provided by operating activities? Question 2: What is the net cash used in investing activities? Question 3: What is the net cash provided in financing activities? Question 4: What is the cash, ending balance? Answer 1: 10,000,000 Answer 1: 7,500,000 Answer 1: 11,000,000 Answer 1: 8,500,000 Answer 2: 7,000,000 Answer 2: 5,000,000 Answer 2: 9,000,000 Answer 2: 2,000,000 Answer 3: 9,000,000 Answer 3: 8,000,000 Answer 3: 5,500,000 Answer 3: 2,500,000 Answer 4: 14,000,000 Answer 4: 16,500,000 Answer 4: 15,000,000 Answer 4: 17,500,000Step by Step Solution
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