Question: T1 Co. provided the following data for the current year. 1 poll Gain on sale of equipment 60,000 Proceeds from sale of equipment 100,000 Purchase

T1 Co. provided the following data for the current year. 1 poll Gain on sale of equipment 60,000 Proceeds from sale of equipment 100,000 Purchase of bond investment with face amount of P2,000,000 1,800,000 Amortization of bond discount 20,000 Dividend declared 450,000 Dividend paid 380,000 Proceeds from sale of treasury shares costing P650K 750,000 What is the net cash provided by financing 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
