(CASH FLOWS - OPERATING) UCare Hospital had the following cash receipts for the year ended December 31, 2020: Collections of Receivables P 125,000 Contribution for an establishment of term Endowment 25,000 50,000 Tuition from nursing school Interest received from investment in permanent Endowments 8,750 Dividends received from investment in term Endowments Payment of supporting expenses Payment of program expenses 10,000 37,500 53,750 The interest received from permanent endowment is restricted by the donor for acquisition of equipment. How much is the net cash provided by operating activities? a. P83,750 b. P93,750 c. P102,500 d. P108,750
(CASH FLOWS - OPERATING) UCare Hospital had the following cash receipts for the year ended December 31, 2020: Collections of Receivables P 125,000 Contribution for an establishment of term Endowment 25,000 50,000 Tuition from nursing school Interest received from investment in permanent Endowments 8,750 Dividends received from investment in term Endowments Payment of supporting expenses Payment of program expenses 10,000 37,500 53,750 The interest received from permanent endowment is restricted by the donor for acquisition of equipment. How much is the net cash provided by operating activities? a. P83,750 b. P93,750 c. P102,500 d. P108,750
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Topic: Accounting For Non-Profit Organization
![(CASH FLOWS - OPERATING) UCare Hospital had the following cash receipts for the year ended December 31,
2020:
Collections of Receivables
125,000
Contribution for an establishment of term
Endowment
25,000
50,000
Tuition from nursing school
Interest received from investment in permanent
Endowments
8,750
Dividends received from investment in term
Endowments
10,000
Payment of supporting expenses
Payment of program expenses
37,500
53,750
The interest received from permanent endowment is restricted by the donor for acquisition of equipment. How
much is the net cash provided by operating activities?
а. Р83,750
b. P93,750
c. P102,500
d. P108,750](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F564dd124-7fd7-4d60-980e-773f61b41ead%2Fd520cdb5-be7b-46ba-b66c-89ebbfb3e9a2%2Fg44105d_processed.jpeg&w=3840&q=75)
Transcribed Image Text:(CASH FLOWS - OPERATING) UCare Hospital had the following cash receipts for the year ended December 31,
2020:
Collections of Receivables
125,000
Contribution for an establishment of term
Endowment
25,000
50,000
Tuition from nursing school
Interest received from investment in permanent
Endowments
8,750
Dividends received from investment in term
Endowments
10,000
Payment of supporting expenses
Payment of program expenses
37,500
53,750
The interest received from permanent endowment is restricted by the donor for acquisition of equipment. How
much is the net cash provided by operating activities?
а. Р83,750
b. P93,750
c. P102,500
d. P108,750
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