Question 5:-

Study the information below. The information is related to the financial year ended 31 December 2018.

Based on the above information, determine the followings:

a. Net cash provided by (used in) operating activities

b. Net cash provided by (used in) investing activities

c. Net cash provided by (used in) financing activities

d. Net increase (decrease) in cash and cash equivalents held.

e. If beginning balance of cash as at 1 January 2018 was $1,600,000, what is the ending balance of cash and cash equivalent?

Cash paid to employees Purchase of land Depreciation expense recognised Proceed from sale of equipment Cash paid for rent Issuing shares to a lender for a repayment of a long-term debt Repayment of long-term borrowing Buying a van on hire purchase. The monthly payment will start in January 2019. Cash paid for general expenses Proceed from issue of shares Cash received for interest $ 240,000 250,000 50,000 100,000 115,000 1,200,000 450,000 50,000/month 300,000 300,000 15,000