Question: Font Paragraph Drawing 10 Editing Click to add title Problem 3: Consider the following information of a company: Sale of common stock P 880,000 Sale

 Font Paragraph Drawing 10 Editing Click to add title Problem 3:

Consider the following information of a company: Sale of common stock P

880,000 Sale of preferred stock P 120,000 Payment of dividends P 156,000

Font Paragraph Drawing 10 Editing Click to add title Problem 3: Consider the following information of a company: Sale of common stock P 880,000 Sale of preferred stock P 120,000 Payment of dividends P 156,000 Purchase of treasury stock P 965,000 Required: Compute net cash provided/used by financing activities using above information. an's screen Notes Comments DEBET Problem 2: The following activities were performed by G-Mar Commercial during the year 2020. Treasury stock purchased P 35,000 Accounts payable paid P 585,000 Note receivable collected P 50,000 Dividends paid P 190,000 Bonds payable issued P 340,000 Common stock issued P 175,000 Required: Compute net cash provided/used by financing activities to be reported in the statement of cash flows of G-Mar Commercial. W Problem 2: 01717 ppb 07 YO!) Gaisano Center provides the following information for the year 2020 1. Old plant asset sold for P 164,000 and the gain on such sale was of P 5,000. 2. Treasury stock purchased for P 42,000. 3. Investment purchased for P 25,000 4. A new plant asset purchased for P 115,000 5. Common stock issued for P 375,000 Required: Calculate net cash provided/used by investing activities for Gaisano Center using above information

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