TEA Shop had a cash flows from investing activities of P2,567,000.00 and cash flows from financing activities of P3,459,000. The balance in the firm's cash account was P950,000.00 at the beginning of 20X5 and P1,025,000 at the end of the year. Calculate TEA Shop's cash flow from operations for 20X5.
TEA Shop had a cash flows from investing activities of P2,567,000.00 and cash flows from financing activities of P3,459,000. The balance in the firm's cash account was P950,000.00 at the beginning of 20X5 and P1,025,000 at the end of the year. Calculate TEA Shop's cash flow from operations for 20X5.
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter14: Statement Of Cash Flows
Section: Chapter Questions
Problem 20BEA
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