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What the net the cash generated in financing activities

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Reference no: EM132788277

The company presented the following in order to aid the accountant in preparing the CFS:

a. Net income: P200,000

b. Depreciation expense : P 25,000

c. Gain on sale of property and equipment: P100,000

d. Decrease in trade and other receivables: P 70,000

e. Purchase of property and equipment: P200,000

f. Payment of loan from bank: P150,000

Question 1: The net the cash generated/provided in financing activities

a. 175,000

b. 180,000

c. 150,000

d. 100,000

Reference no: EM132788277

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