Question
The following information appeared on the 2021 statement of comprehensive income of Double K Company: Depreciation expense P25,000 Patent amortization expense 10,000 Loss on sale
The following information appeared on the 2021 statement of comprehensive income of Double K Company:
Depreciation expense P25,000
Patent amortization expense 10,000
Loss on sale of machinery 6,000
Gain on sale of securities held-to-maturity financial assets 3,000
Net income 120,000
Based on this information, what is Double K's net cash provided by operations?
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Advanced Management Accounting
Authors: Robert S. Kaplan, Anthony A. Atkinson, Kaplan And Atkinson
3rd Edition
0132622882, 978-0132622882
