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Scenario 02:
Cash from Operating Activities
Net Income ₱ 200,000.00
Adjustment to reconcile net income to net
cash provided by operating activities:
Add Back: Depreciation 80,000.00
Decrease in Accounts Receivable 8,000.00
Decrease in Inventories 15,000.00
Increase in Prepaid Expenses (2,500.00)
Decrease in Accounts Payable (6,000.00)
Increase in Income Tax Payable 400.00 94,900.00
Cash from Operating Activities ₱ 294,900.00