Cash generated from operating activities has been wrongly identified as 950 as shown below. Which of the

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Cash generated from operating activities has been wrongly identified as £950 as shown below. Which of the following corrections need to be made to identify the cash flow?

(a) Depreciation should have been added

(b) Inventory increased should have been deducted

(d) Payables increase should have been added

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 28, 2023 07:52 AM

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Cash generated from operating activities has been wrongly identified as 950 as shown below. Which of the

Question:

Operating profit Depreciation Inventory increase Receivables decrease Payables increase Cash inflow £948 (£32) 42 21 (29) £950

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Financial Accounting An Introduction

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