Chen plcs income statements for the years ended 31 December 2020 and 2021 and the statements of
Question:
Chen plc’s income statements for the years ended 31 December 2020 and 2021 and the statements of financial position as at 31 December 2020 and 2021 are as follows:
There were no non-current asset disposals in either year. The amount of cash paid for interest equalled the expense in each year. Dividends were paid totalling £18 million in each year.
Required:
Prepare a statement of cash flows for the business for 2021.
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Related Book For
Accounting And Finance An Introduction
ISBN: 9781292435527
11th Edition
Authors: Eddie McLaney, Peter Atrill
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