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How much is kollar net cash used in financing activities

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Reference no: EM133127404

Question - Kollar Corp.'s transactions for the year ended December 31, 2019 included the following:

Purchased real estate for P550,000 cash which was borrowed from a bank

Sold investment securities for P500,000.

Paid dividends of P600,000.

Issued 500 shares of ordinary shares for P250,000.

Purchased machinery and equipment for P125,000 cash.

Paid P450,000 of bank loan.

Reduced accounts receivable by P100,000.

Increased accounts payable by P200,000.

Required -

a) How much is Kollar's net cash used in investing activities for 2019?

b) How much is Kollar's net cash used in financing activities for 2019?

Reference no: EM133127404

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