Question

Kaya Pa Ba Company has cash amounting to P470,000 at the start of 2017. During the year, the firm purchased equipment amounting to P200,000 and borrowed P1,000,000 to finance their upcoming plant expansion. This year's operations resulted into a net income of P700,000, reporting P50,000 as depreciation expense. Moreover, the following differences were noticed in the Statement of Financial Position: Increase in accounts receivable 20,000 Decrease in inventory 30,000 Increase in other current assets 40,000 Decrease in accounts payable 50,000 Increase in accrued expenses 60,000 In the Statement of Cash Flows for the year ended December 31, 2017, how much are the following? 1. Net cash flow from operating activities 2. Net cash flow from investing activities 3. Net cash flow from financing activities 4. Cash balance at December 31, 2017

          Kaya Pa Ba Company has cash amounting to P470,000 at the start of 2017. During the year, the firm purchased equipment amounting to P200,000 and borrowed P1,000,000 to finance their upcoming plant expansion. This year's operations resulted into a net income of P700,000, reporting P50,000 as depreciation expense. Moreover, the following differences were noticed in the Statement of Financial Position: Increase in accounts receivable 20,000 Decrease in inventory 30,000 Increase in other current assets 40,000 Decrease in accounts payable 50,000 Increase in accrued expenses 60,000 In the Statement of Cash Flows for the year ended December 31, 2017, how much are the following? 1. Net cash flow from operating activities 2. Net cash flow from investing activities 3. Net cash flow from financing activities 4. Cash balance at December 31, 2017

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