Question: [100 MARKS] SECTION A Answer ALL the questions in this section. Study the Statement of Cash Flows provided below and answer the following questions: 1.1

 [100 MARKS] SECTION A Answer ALL the questions in this section.

Study the Statement of Cash Flows provided below and answer the following

[100 MARKS] SECTION A Answer ALL the questions in this section. Study the Statement of Cash Flows provided below and answer the following questions: 1.1 Calculate the following: (3 marks) 1.1.1 Company tax paid (2 marks) 1.1.2 Carrying value (Book value) of the machinery sold. 1.2 Identify TWO (2) items from this statement of cash flows that increase the cash balance but do not ( 2 marks) 1.3 Did the company issue any ordinary shares during the financial year ended 30 June 2021? ( 3 marks) 1.4 Comment on the following. ( 2 marks) 1.4.1 Cash flow from operating activities, (R920 000) ( 2 marks) 1.4.2 Increase in inventory, ( (1800000) ( 2 marks) 1.4.3 Increase in receivables, (R1000000) (2 marks) 1.4.4 Non-current assets purchased, ( R600000) 1.4.5 Increase in long-term borrowings, R800000 (2 marks) Profit on disposal of machinery Profit before working capital changes \begin{tabular}{|} \hline(20000) \\ \hline 2580000 \\ \hline(2400000) \\ \hline \end{tabular} Working capital changes Increase in inventory Increase in receivables Increase in payables Cash generated from operations Interest paid

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!