FDN Company shows the following amounts in its Statement of Cash Flows for the year ended...
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FDN Company shows the following amounts in its Statement of Cash Flows for the year ended December 31, 2021: Net cash used in operating activities P 3,000,000 Net cash used in investing activities 4,000,000 Net cash provided by financing activities 4,500,000 Cash balance, January 1 7,000,000 How much is the balance of cash at December 31, 2021? FDN Company shows the following amounts in its Statement of Cash Flows for the year ended December 31, 2021: Net cash used in operating activities P 3,000,000 Net cash used in investing activities 4,000,000 Net cash provided by financing activities 4,500,000 Cash balance, January 1 7,000,000 How much is the balance of cash at December 31, 2021?
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Answer Cash balance as on January 1 P 7000000 We want to find ... View the full answer
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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