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Retail Company reported the following cash flow information: Acquisition of equipment: P122,000 Collection of accounts receivable: P225,000 Issue of 10,000 shares at P15 par: P150,000
Retail Company reported the following cash flow information: Acquisition of equipment: P122,000 Collection of accounts receivable: P225,000 Issue of 10,000 shares at P15 par: P150,000 Payment of mortgage payable: P300,000 Payment of operating expenses: P55,000 Proceeds from bank loan: P200,000 Sale of investment in trading securities: P84,000 Sale of second-hand equipment: P56,000 How much is the net cash flow from investing activities?
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