Name: Gabia, Cristine L.

Batangas Resorts
Statement of Cash Flows
For the year ended Dec. 31, 2020

Beginning Cash Php 5,590,000

Cash provided by operating activities

Cash inflows
Profit 3,250,000
accounts receivable 780,000
Cash outflows
accounts payable -1,170,000
Net cash flow provided by operating activities 2,860,000

Cash provided by investing activities

Cash outflows
Purchase of equipment -11,700,000

Cash provided by financing activities

Cash inflows
Cash borrowed from the bank 7,800,000
Cash outflows
Drawing -1,950,000
Net cash flow provided by financing activities 5,850,000

Ending Cash 2,600,000

Name: Gabia, Cristine L.

Relevant Cash Flows

2019 2018 Changes

Assets Php Php
Inventory 3,400,000 3,800,000 -400,000
total assets 3,400,000 3,800,000

Liabilities & Equity

Accounts payable 2,800,000 3,100,000 -300,000
Salaries expense 800,000 500,000 300,000
Interest Payable 100,000 100,000 0
Income Tax Payable 950,000 800,000 150,000
4,650,000 4,500,000