Building Traders runs a successful company in small town in Cape Town. Her company's cash flow...
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Building Traders runs a successful company in small town in Cape Town. Her company's cash flow statement for the year ended 28 February 2022 is as follows: Notes Cash flows from operating activities Cash receipts from customers Cash paid to suppliers and employees Cash generated from operations Interest received Interest paid Dividends received Dividends paid Taxation paid Cash flows from investing activities Purchase of non-current assets Proceeds from non-current assets Cash flows from financing activities Proceeds from the issue of share capital Proceeds from long-term borrowings Net change in cash and cash equivalents Cash and cash equivalents: beginning of year Cash and cash equivalents: end of year 1 (a) 3 866 800 (3 049 375) (b) (5 938) (87 813) (406 250) (c) (468 750) 9 375 (d) 300 000 281 250 (e) 50 294 (1) Required Fill in the missing figures (from a- f) for the cash flow statement in the table above. Then, explain the function of the cash flow statement in contrast to the statement of financial position. Building Traders runs a successful company in small town in Cape Town. Her company's cash flow statement for the year ended 28 February 2022 is as follows: Notes Cash flows from operating activities Cash receipts from customers Cash paid to suppliers and employees Cash generated from operations Interest received Interest paid Dividends received Dividends paid Taxation paid Cash flows from investing activities Purchase of non-current assets Proceeds from non-current assets Cash flows from financing activities Proceeds from the issue of share capital Proceeds from long-term borrowings Net change in cash and cash equivalents Cash and cash equivalents: beginning of year Cash and cash equivalents: end of year 1 (a) 3 866 800 (3 049 375) (b) (5 938) (87 813) (406 250) (c) (468 750) 9 375 (d) 300 000 281 250 (e) 50 294 (1) Required Fill in the missing figures (from a- f) for the cash flow statement in the table above. Then, explain the function of the cash flow statement in contrast to the statement of financial position.
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To fill in the missing figures for the cash flow statement in the table we need to perform some calculations based on the information given We will first fill in the missing figures and then explain t... View the full answer
Related Book For
Business and Administrative Communication
ISBN: 978-0073403182
10th edition
Authors: Kitty o. locker, Donna s. kienzler
Posted Date:
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