Net income during the year 2,250,000 Proceeds from issuance of preference shares Dividends paid on preference shares Bonds payable converted to ordinary shares Payment for purchase of machinery Proceeds from sale of plant building Retirement of bonds payable at face value 2% bonus issue on ordinary shareholders Purchase of ordinary treasury shares Payment for the purchase of debt securities at amortized cost Gain on sale of plant building Depreciation expense Doubtful accounts expense 4,000,000 400,000 2,000,000 500,000 1,200,000 2,500,000 300,000 120,000 450,000 200,000 188,000 87,000 325,000 129,000 440,000 90,000 225,000 117,000 15,000 Increase in accounts receivable Decrease in merchandise inventory Increase in investments in equity securities at FVPL Increase in accounts payable Decrease in accrued expenses Increase in income tax payable Increase in interest payable
Net income during the year 2,250,000 Proceeds from issuance of preference shares Dividends paid on preference shares Bonds payable converted to ordinary shares Payment for purchase of machinery Proceeds from sale of plant building Retirement of bonds payable at face value 2% bonus issue on ordinary shareholders Purchase of ordinary treasury shares Payment for the purchase of debt securities at amortized cost Gain on sale of plant building Depreciation expense Doubtful accounts expense 4,000,000 400,000 2,000,000 500,000 1,200,000 2,500,000 300,000 120,000 450,000 200,000 188,000 87,000 325,000 129,000 440,000 90,000 225,000 117,000 15,000 Increase in accounts receivable Decrease in merchandise inventory Increase in investments in equity securities at FVPL Increase in accounts payable Decrease in accrued expenses Increase in income tax payable Increase in interest payable
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
WHAT IS THE NET CASH PROVIDED BY INVESTING ACTIVITIES?
Transcribed Image Text:Net income during the year
Proceeds from issuance of preference shares
Dividends paid on preference shares
Bonds payable converted to ordinary shares
Payment for purchase of machinery
Proceeds from sale of plant building
Retirement of bonds payable at face value
2% bonus issue on ordinary shareholders
Purchase of ordinary treasury shares
Payment for the purchase of debt securities at amortized cost
Gain on sale of plant building
Depreciation expense
Doubtful accounts expense
Increase in accounts receivable
Decrease in merchandise inventory
Increase in investments in equity securities at FVPL
Increase in accounts payable
Decrease in accrued expenses
Increase in income tax payable
Increase in interest payable
2,250,000
4,000,000
400,000
2,000,000
500,000
1,200,000
2,500,000
300,000
120,000
450,000
200,000
188,000
87,000
325,000
129,000
440,000
90,000
225,000
117,000
15,000
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