An entity provided the following information for the current year:
Dividend received
500,000
Dividend paid
2,000,000
Cash received from customers
9,000,000
Cash paid to suppliers and employees
6,000,000
Interest received
200,000
Interest paid on long-term debt
400,000
Proceeds from issuing share capital
4,000,000
Proceeds from sale of long-term investments
Cash paid for equity investment at FVOCI
3,500,000
Cash paid for equity investment held for trading
1,000,000
Income taxes paid
300,000
Proceeds from long-term debt
2,500,000
Cash balance – beginning
1,500,000
28. What is thenet cash provided by operating activities?
a. 3,300,000
b. 3,000,000
c. 2,700,000
d. 2,000,000
29. What is thenet cash used in investing activities?
a. 3,500,000
b. 2,000,000
c. 1,500,000
d. 500,000
30. What is thenet cash provided by financing activities?
a. 4,100,000
c. 6,500,000
d. 4,500,000
31. What is the ending cash balance?
a. 6,500,000
b. 5,000,000
c. 9,500,000
d. 8,000,000
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