Question

December 31 January 1 Cash P 1,500,000 P 1,000,000 Retained earnings 7,000,000 5,400,000 Cash flow from operating activities ? Cash flow from investing activities ( 4,800,000) Cash flow from financing activities 1,800,000 Dividends declared and paid 2,000,000 Net Income 3,600,000

Answer 1

Answer:

December 31 January 1 Cash P 1,500,000 P 1,000,000 Retained earnings 7,000,000 5,400,000 Cash flow from operating activities ? Cash flow from investing activities ( 4,800,000) Cash flow from financing activities 1,800,000 Dividends declared and paid 2,000,000 Net Income 3,600,000

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