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The following information is taken from the records of Golden Harvest Corporation: Collections from: Sale of merchandise 3,700,000 Sale of share capital 4,200,000 Sale of
The following information is taken from the records of Golden Harvest Corporation:
Collections from:
Sale of merchandise 3,700,000
Sale of share capital 4,200,000
Sale of investment property 1,300,000
Issuance of bonds 2,000,000
Dividends on investments held 90,000
Payments for:
Purchase of furniture and fixtures 3,400,000
Operating expenses 1,505,000
Merchandise purchased 2,580,000
Purchase of treasury shares 100,000
Interest on notes payable 120,000
Notes payable 1,000,000
Dividends 500,000
- How much is the net cash flow from operating activities?
- How much is the net cash flow from investing activities?
- How much is the net cash flow from financing activities?
- Assume a cash balance of P500,000 at the beginning of the year. How much is the cash balance at the end of the year?
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