What the net cash provided by operating activities would be

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Reference no: EM132788279

KATSUKI BAKUGO Company provided the following information for the year ended December 31,2018

Cash collections from customers P6,000,000

Cash payments to suppliers 2,000,000

Cash payment to employees 800,000

Interest received 100,000

Interest payment on the bank loan 300,000

Cash dividends received 300,000

Cash dividends paid 400,000

Income tax paid 200,000

Cash payment for equipment 1,500,000

Question 1: The net cash provided by operating activities for 2018 would be:

a.2,700,000

b.3,000,000

c.3,100,000

d.1,200,000

Reference no: EM132788279

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