Question: Cash flow analysis The following data are given on the operations of Salas Trading Corp. for 190: Net cash flow from operations.... P100,000 Dividends paid
Cash flow analysis The following data are given on the operations of Salas Trading Corp. for 190: Net cash flow from operations.... P100,000 Dividends paid 50,000 Proceeds from sale of equipment. 20,000 Cost of land acquired...... 70,000 25,000 Payment on long-term loan... Proceeds from issuance of additional shares of capital stock 30,000 Required: a. Net change in cash balance b. Net cash inflow (outflow) from financing activities c. Net cash inflow (outflow) from investing activities
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
