15. For the year ended December 31, 2003, Talk and Text had cash flow from operating activities of P20,000, cash flow from investment activities of -P15,000, and cash flow from financing activities of -P10,000. The Statement of Cash Flows would show a A. net increase of P5,000 in cash
15. For the year ended December 31, 2003, Talk and Text had cash flow from operating activities of P20,000, cash flow from investment activities of -P15,000, and cash flow from financing activities of -P10,000. The Statement of Cash Flows would show a A. net increase of P5,000 in cash
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter12: The Statement Of Cash Flows
Section: Chapter Questions
Problem 12.24MCE
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15. For the year ended December 31, 2003, Talk and Text had cash flow from operating activities of P20,000, cash flow from investment activities of -P15,000, and cash flow from financing activities of -P10,000. The Statement of Cash Flows would show a
A. net increase of P5,000 in cash and marketable securities.
B. net decrease of P5,000 in cash and marketable securities.
C. net decrease of P15,000 in cash and marketable securities.
D. net increase of P25,000 in cash and marketable securities.
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