The reported net profit of a company for the year is 26m after charging depreciation of 3m.
Question:
The reported net profit of a company for the year is £26m after charging depreciation of £3m. During the year, there was a decrease of £6m in stocks. Trade debtors and trade creditors remained constant. What is the net cash inflow from operating activities?
(a) £17m
(b) £23m
(c) £29m
(d) £35m
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