The reported net profit of a company for the year is 20m after charging depreciation of 5m.

Question:

The reported net profit of a company for the year is £20m after charging depreciation of £5m. During the year, there was an increase of £6m in stocks. Trade debtors and trade creditors remained constant. What is the net cash inflow from operating activities?

(a) £9m

(b) £19m

(c) £21m

(d) £31m

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting

ISBN: 9781292244471

8th Edition

Authors: Pauline Weetman

Question Posted: