Reference no: EM133172677
Question - The following information was taken from the accounting records of URC, Inc. for 2022.
Purchase of ordinary treasury shares P1,543,914
10% bonus issue on ordinary shares 601,479
Dividends paid on preference shares 810,532
Gain on sale of plant building 606,303
Payment for purchase of machinery 605,304
Bonds payable converted to ordinary shares 3,410,992
Retirement of bonds payable 3,800,800
Proceeds from sale of plant building 2,446,981
Payment for purchase of debt securities at amortized cost 505,967
Proceeds from issuance of preference shares 3,990,696
Required -
1. How much is the net cash flow provided by (used in) investing activities during 2022?
2. How much is net cash flow provided by (used in) financing activities during 2022?
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