Review Questions For Chapter 6 (Statement of
Review Questions For Chapter 6 (Statement of
Review Questions For Chapter 6 (Statement of
1,000,000
400,000
(1,500,000)
13. The net income for the current year for Roger
Company was P3,520,000. Additional data are as
follows:
Purchase of plant asset 2,800,000
Depreciation of plant asset
1,480,000
Dividends declared 970,000
Net decrease in noncash current asset
290,000
Loss on sale of equipment
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
A. 5,420,000
B. 5,130,000
C. 7,250,000
D. 5,290,000
4,000
5,000