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?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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?
Transcribed Image Text: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?
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