Hania Company provided the following data for the current year. Gain on sale of equipment - 60,000 Proceeds from sale of equipment - 100,000 Purchase of Ace bonds, face amount, (P2,000,000)- 1,800,000 Amortization of bond discount -20,000 Dividend declared -450,000 Dividend paid - 380,000 Proceeds from sale of treasury shares with carrying amount of (P650,000)- 750,000 What is net cash provided by operating activities?
Hania Company provided the following data for the current year.
Gain on sale of equipment - 60,000
Proceeds from sale of equipment - 100,000
Purchase of Ace bonds, face amount, (P2,000,000)- 1,800,000
Amortization of bond discount -20,000
Dividend declared -450,000
Dividend paid - 380,000
Proceeds from sale of treasury shares with
carrying amount of (P650,000)- 750,000
What is net cash provided by operating activities?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images