Question: with complete solutions, journal entry (if ever) and answer. Roger Company reported net income for the current year of P3,520,000. The entity provided the following
Roger Company reported net income for the current year of P3,520,000. The entity provided the following additional data during the year: Purchase of plant assets Depreciation of plant assets Dividends declared Net decrease in noncash current assets Loss on sale of equipment 2,800,000 1,480,000 970,000 290,000 130,000 What is the net cash provided by operating activities in the statement of cash flows for the current year using the indirect method? 5,420,000 2 5,130,000 3 5,290,000 7,280,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
