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How much was the cash flow from operating activities

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Reference no: EM132498579

Cream Company provided the following data for the preparation of statement of cash flows for the current year using the direct method:

Cash balance, beginning 1,500,000

Cash paid to purchase inventory 7,800,000

Cash received from sale of trading securities 2,500,000

Cash paid for interest 450,000

Cash received from rent 1,000,000

Cash collected from customers 10,000,000

Cash received from issuance of ordinary shares 1,200,000

Cash paid for dividend 780,000

Cash paid for income taxes 1,350,000

Cash paid to purchase trading securities 1,000,000

Question 1: How much was the cash flow from operating activities

Reference no: EM132498579

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