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E Ltd has an operating profit of 16m, which includes a depreciation charge of 2m. During the

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E Ltd has an operating profit of £16m, which includes a depreciation charge of £2m. During the year the trading stock has increased by £1m, trade debtors have decreased by £3m and trade creditors have decreased by £2m. Prepare a statement of cash flow from operations?
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All the amounts are in million Statement of Cash flow for the yearend Cash Fl...View the full answer


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Financial and Management Accounting

Financial and Management Accounting

ISBN: 978-1292086590

7th edition

Authors: Pauline Weetman

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In order to determine the amount of cash created by operating operations, the indirect technique for preparing the statement of cash flows entails adjusting net income with changes in balance sheet.

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