Net cash flows from operating activities P720,000 Decrease in trade payables 23,000 Decrease in financial asset through profit or loss 11,500 Increase in trade receivables 24,600 Cash proceeds from...





























Net cash flows from operating activitiesP720,000
Decrease in trade payables23,000
Decrease in financial asset through profit or loss11,500
Increase in trade receivables24,600
Cash proceeds from sale of plant (book value of P25,000)14,000
Increase in allowance for doubtful debts1,000

What is the profit for the period?



Jun 10, 2022
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