MTC Company's sales last year was 1,830,000 with a net profit margin of 5%.. Changes in the company's balance sheet accounts for the year appear below:

Cash (13,000)

Accounts receivable 16,000

Inventory 21,000

Prepaid expenses (8,000)

Long-term investments 30,000

Property, plant and equipment 60,000

Accumulated depreciation 36,000

Accounts payable (21,000)

Accrued expenses 14,000

Income taxes payable 42,000

Bonds payable (50,000)

Common stock 20,000

Retained earnings 65,000

The company did not dispose of any property, plant, and equipment, sell any long-term investments, issue any bonds payable, or repurchase any of its own common stock during the year. The company declared and paid a cash dividend. The beginning and ending cash balances were P20,000 and 7,000, respectively.

Based on the above data:

1. The company's cashflow from operating activities is?

2. The company's cashflow from investing activities is?

3. The company's cashflow from financing activities is?

Answer rating: 100% (QA)

1 To calculate the companys cash flow from operating activities using the indirect method we need to start with the net income and adjust for changes in noncash working capital accounts We can use the ... View the full answer