You Can Do It! PRACTICE EXERCISE 3: EVALUATION: Compute net cash flows from operating activities under indirect method using the following information. Beginning ending P190,000 P287,500 P5,000 P205,000 Net income: P192,500 Depreciation expense: P62,500 Amortization of intangible assets: P20,000 | Inventory Gain on sale of equipment: P45,000 Loss on sale of investments: P17,500 P167,500 P251,500 P11,000 P189,500 P90,000 Accounts receivable Prepaid expenses Accounts Payable Accrued expenses payable P77,500

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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You Can Do It!
PRACTICE EXERCISE 3: EVALUATION: Compute net cash flows from
operating activities under indirect method using the following information.
Net income: P192,500
Depreciation expense: P62,500
Amortization of intangible assets: P20,000
Gain on sale of equipment: P45,000
| Loss on sale of investments: P17,500
Beginning
P190,000
P287,500
P5,000
P205,000
Accrued expenses payable P77,500
ending
P167,500
P251,500
P11,000
P189,500
P90,000
Accounts receivable
Inventory
Prepaid expenses
Accounts Payable
Transcribed Image Text:You Can Do It! PRACTICE EXERCISE 3: EVALUATION: Compute net cash flows from operating activities under indirect method using the following information. Net income: P192,500 Depreciation expense: P62,500 Amortization of intangible assets: P20,000 Gain on sale of equipment: P45,000 | Loss on sale of investments: P17,500 Beginning P190,000 P287,500 P5,000 P205,000 Accrued expenses payable P77,500 ending P167,500 P251,500 P11,000 P189,500 P90,000 Accounts receivable Inventory Prepaid expenses Accounts Payable
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