User Account

All Pages

What is the net cash provided from financing activities

Assignment Help Financial Accounting
Reference no: EM132812743

Ethel Company uses the direct method to prepare its statement of cash flows. Ethel had the following cash flows during 2020:

Cash receipts from issuance of bonds P 800,000
Cash receipts from issuance of ordinary shares 1,400,000
Cash receipts from customers 700,000
Cash receipts from dividends on long term investments 105,000
Cash receipts from repayment of loan made to another company 660,000
Cash payments for wages & other operating expenses 420,000
Cash payments for reacquisition of treasury shares 250,000
Cash payments for dividends 70,000
Cash payments for taxes 140,000
Cash payments for purchase of land 280,000

Problem 1: What is the net cash provided (used) from financing activities?

a. P1,530,000

b. P1,880,000

c. P1,950,000

d. P1,670,000

Reference no: EM132812743

Questions Cloud

What amount should noncurrent asset held for sale be : On October 1, 2020, At the time of reclassification as held for sale, what amount should the noncurrent asset held for sale be recognized?
Baseline security requirements : What are baseline security requirements that should be applied to the design and implementation of applications, databases, systems, network infrastructure,
Sec code of corporate governance code recommendations : You are a member of senior management of a large local company operating in the mining sector named DigPaMore Company. Your company has operations
Compare linux versus windows operating systems : Compare and contrast access control options for Linux versus Windows operating systems. APA formatting is expected for any references.
What is the net cash provided from financing activities : What is the net cash provided (used) from financing activities? Cash receipts from repayment of loan made to another company 660,000
Mgtcb526-managing in a changing environment : Describe what leadership theories you have seen used in your workplace. Which one was most effective or least effective and why?
Review security breach : Review a Security Breach which occurred over the past year and present a research paper providing the below point. What data or information was impacted?
What is the net cash provided from investing activities : What is the net cash provided (used) from investing activities? Cash receipts from repayment of loan made to other company 1,200,000
Plot the project NPV profile : A mining company is deciding whether to open a strip mine, which costs $2 million. Plot the project NPV profile

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd