The following information is provided for the current year: Profit for the period P1,500; Depreciation expense 400; Increase in accounts receivable 300. There are no other reconciliation items. The cash from operating activities for the period is P2,000,000 P1,800,000 P1,200,000 P1,000,000
The following information is provided for the current year: Profit for the period P1,500; Depreciation expense 400; Increase in accounts receivable 300. There are no other reconciliation items. The cash from operating activities for the period is P2,000,000 P1,800,000 P1,200,000 P1,000,000
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 13MCQ
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The following information is provided for the current year: Profit for the period P1,500; Depreciation expense 400; Increase in accounts receivable 300. There are no other reconciliation items. The cash from operating activities for the period is
P2,000,000
P1,800,000
P1,200,000
P1,000,000
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