The following information is available for Leah Company: 12.31.2021 12.31.2020 Cash P1,400,000 P1,000,000 Retained earnings 5,500,000 5,000,000 Cash flow from operating activities ? Cash flow from investing activities (4,800,000) Cash flow from financing activities (2,800,000) Dividends declared and paid 1,500,000 Net income 2,000,000 How much was the cash flow from operating activities?

The following information is available for Leah Company: 12.31.2021 12.31.2020 Cash P1,400,000 P1,000,000 Retained earnings 5,500,000 5,000,000 Cash flow from operating activities ? Cash flow from investing activities (4,800,000) Cash flow from financing activities (2,800,000) Dividends declared and paid 1,500,000 Net income 2,000,000 How much was the cash flow from operating activities?

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter2: Basic Accounting Systems: Cash Basis

Section: Chapter Questions

Problem 2.15E

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