Reference no: EM132795742
Question - MYWorld Corporation is preparing its statement of cash flows and has provided this information:
Net income P400,000
Depreciation on property, plant and equipment 200,000
Loss on sale of building 100,000
Interest expense 150,000
Interest payable, beginning of the year 100,000
Interest payable, end of the year 50,000
Accounts receivable, beginning of the year 500,000
Accounts receivable, end of the year 850,000
Inventory, beginning of the year 500,000
Inventory, end of the year 400,000
Accounts payable, beginning of the year 200,000
Accounts payable, end of the year 500,000
Required - What is the net cash provided by operating activities?