Question
ongganisa Company for the year 2020: Debits Balance, January 1 800,000 Receipts from customers 3,640,000 Dividends received on equity investments 60,000 Proceeds from the sale
ongganisa Company for the year 2020:
Debits |
|
Balance, January 1 | 800,000 |
Receipts from customers | 3,640,000 |
Dividends received on equity investments | 60,000 |
Proceeds from the sale of equipment | 360,000 |
Proceeds from the issue of bonds payable | 3,000,000 |
|
|
Credits |
|
Payment of goods purchased | 2,000,000 |
Payment for operating expenses | 1,400,000 |
Interest paid | 100,000 |
Income taxes paid | 350,000 |
Dividends paid | 500,000 |
Longganisa Company presents interest paid under operating activities, dividends received under investing activities, and dividends paid under financing activities.
What is the net cash provided by/(used in) operating activities?
(210,000) | ||
(710,000) | ||
240,000 | ||
(110,000) |
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