QUESTION An extract from Pangu Pakavu Plc statement of comprehensive income for the year ended 31st...

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QUESTION An extract from Pangu Pakavu Plc statement of comprehensive income for the year ended 31st December 2014 is as follows: TZS '000 Revenue Cost of sales Gross profit Other expenses Profit from operations 560,000 300,000 260,000 160,000 100,000 Other expenses include TZS.20,000,000 of depreciation. Interest paid was TZS.10,000,000. The tax paid for the year was TZS.25,000,000. An extract from the statement of financial position is as follows: Inventories Trade receivables Trade payables 2014 TZS '900 30,000 40,000 28,000 2013 TZS 000 25,000 42,000 32,000 REQUIRED: Calculate the net cash from operating activities using the direct method QUESTION An extract from Pangu Pakavu Plc statement of comprehensive income for the year ended 31st December 2014 is as follows: TZS '000 Revenue Cost of sales Gross profit Other expenses Profit from operations 560,000 300,000 260,000 160,000 100,000 Other expenses include TZS.20,000,000 of depreciation. Interest paid was TZS.10,000,000. The tax paid for the year was TZS.25,000,000. An extract from the statement of financial position is as follows: Inventories Trade receivables Trade payables 2014 TZS '900 30,000 40,000 28,000 2013 TZS 000 25,000 42,000 32,000 REQUIRED: Calculate the net cash from operating activities using the direct method

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Calculating the net cash from operating activities using the direct method involves analyzing the ac... View the full answer