Question: From the information given below relating to Y Ltd., calculate Cash Flows from Operating Activities: (a) Operating profit before changes in Operating assets (b) Debtors
From the information given below relating to Y Ltd., calculate Cash Flows from Operating Activities:
(a) Operating profit before changes in Operating assets (b) Debtors (Decrease) (c) Stock (Increase) (d) Bills Payable (Decrease) (e) Creditors (Increase) (f) Cash at Bank (Increase) 57,500 5,000 2,000 4,500 3,200 20,000
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To calculate Cash Flows from Operating Activities CFO we will use the indirect method CFO can be det... View full answer
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