Onze Douze Company had the following cash flows during the current year: What is the net cash provided by operating activities? a. ₱200,000 b. ₱300,000 c. ₱400,000 d. ₱600,000

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
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 12E: Statement of Cash Flows The following are several items involving Tejera Companys cash flow...
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Onze Douze Company had the following cash flows during the current year:

What is the net cash provided by operating activities?

a. ₱200,000
b. ₱300,000
c. ₱400,000
d. ₱600,000
Cash receipts from issuance of ordinary shares
Cash receipts from customers
Cash receipts from dividends on long-term investments
Cash receipts from repayment of loan made to another entity
Cash payment for wages and other operating expenses
Cash payments for insurance
Cash payment for dividends
Cash payments for taxes
Cash payment to purchase land
What is the net cash provided by operating activities?
P4,000,000
2,000,000
300,000
2,200,000
1,200,000
100,000
200,000
400,000
800,000
Transcribed Image Text:Cash receipts from issuance of ordinary shares Cash receipts from customers Cash receipts from dividends on long-term investments Cash receipts from repayment of loan made to another entity Cash payment for wages and other operating expenses Cash payments for insurance Cash payment for dividends Cash payments for taxes Cash payment to purchase land What is the net cash provided by operating activities? P4,000,000 2,000,000 300,000 2,200,000 1,200,000 100,000 200,000 400,000 800,000
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