Based on the short cases on Cash flow preparation, compute the following:1. For the year ended December 31, 2016, the company has a cash balance of P23,000. Theresult of cash flow from operating activities is (P15,000), cash flow from investmentactivities is P8,500 while the cash flow from financing activities is P12,250. How muchis the net changes in cash for 2017? How much is the cash balance as of December2017?2. For the year ended December 31, 2017, the company had an ending cash balance ofP32,000. During the year, the company result of cash flow from investment activities isP7,500 while the cash flow from financing activities was P12,500. The cash balance asof December 31, 2016 is P10,300. How much is the cash flow generated from operatingactivities in 2018?3. For the year ended December 31, 2017, the company had a cash balance of P25,000.Business transactions for 2018 resulted to a cash flow from operating activities of(P12,000), cash flow from investment activities of P10,000 and cash flow from financingactivities of P7,000. How much was the cash balance of the company on December 31,2016?

Net change in cash = operating cashflows + investment activities + financing activities =…

Based on the short cases on Cash flow preparation, compute the following: 1. For the year ended December 31, 2016, the company has a cash balance of P23,000. The result of cash flow from operating activities is (P15,000), cash flow from investment activities is P8,500 while the cash flow from financing activities is P12,250. How much is the net changes in cash for 2017? How much is the cash balance as of December 2017?

Based on the short cases on Cash flow preparation, compute the following: 1. For the year ended December 31, 2016, the company has a cash balance of P23,000. The result of cash flow from operating activities is (P15,000), cash flow from investment activities is P8,500 while the cash flow from financing activities is P12,250. How much is the net changes in cash for 2017? How much is the cash balance as of December 2017?

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 15E

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