How much is the net cash flow from operating activities using indirect method?

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter11: Depreciation, Depletion, Impairment, And Disposal
Section: Chapter Questions
Problem 1RE: Susquehanna Company purchased an asset at the beginning of the current year for 250,000. The...
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How much is the net cash flow from operating activities using indirect method?

FOR ITEM 36
The net income for the current year of South Company was Php 3,520,000. Additional
data are as follows:
Purchase of Plant Asset
2,800,000
Depreciation of Plant Asset
1,480,000
Dividends received
970,000
Net decrease in noncash current assets
290,000
Loss on sale of equipment
130,000
Transcribed Image Text:FOR ITEM 36 The net income for the current year of South Company was Php 3,520,000. Additional data are as follows: Purchase of Plant Asset 2,800,000 Depreciation of Plant Asset 1,480,000 Dividends received 970,000 Net decrease in noncash current assets 290,000 Loss on sale of equipment 130,000
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