sing indirect method, compute for the following: 1. net cash flow from operating activities 2. net cash flow from investing activities 3. net cash flow from financing activities

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
Problem 3P
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Using indirect method, compute for the following:

1. net cash flow from operating activities

2. net cash flow from investing activities

3. net cash flow from financing activities

Items 9-12 are based on the following data:
The following information is available for Bubble Guppy's Jewelry and Gift Store:
P5,000
Net income
Depreciation expense
2,500
Increase in deferred tax liabilities
500
3,000
1,000
Decrease in cash
Increase in marketable securities
Decrease in accounts receivable
2,000
9,000
5,000
1,000
Increase in inventories
Decrease in accounts payable
Increase in accrued liabilities
14,000
Increase in property and equipment
Increase in short-term notes payable
19,000
4,000
Decrease in long-term notes payable
Use the indirect method to answer the questions.
Transcribed Image Text:Items 9-12 are based on the following data: The following information is available for Bubble Guppy's Jewelry and Gift Store: P5,000 Net income Depreciation expense 2,500 Increase in deferred tax liabilities 500 3,000 1,000 Decrease in cash Increase in marketable securities Decrease in accounts receivable 2,000 9,000 5,000 1,000 Increase in inventories Decrease in accounts payable Increase in accrued liabilities 14,000 Increase in property and equipment Increase in short-term notes payable 19,000 4,000 Decrease in long-term notes payable Use the indirect method to answer the questions.
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