Question: 11. Computing cash flows [LO2.2] Consider the following financial statement information for Froggy Ltd: FROGGY LTD PARTIAL BALANCE SHEETS AS AT 30 JUNE 20XX AND

 11. Computing cash flows [LO2.2] Consider the following financial statement information

11. Computing cash flows [LO2.2] Consider the following financial statement information for Froggy Ltd: FROGGY LTD PARTIAL BALANCE SHEETS AS AT 30 JUNE 20XX AND 20XX + 1 20XX $ 20XX + 1 $ 20XX $ 20XX + 1 $ Current assets 176 208 Current liabilities 98 116 Non-current assets 770 881 Non-current liabilities 569 576 FROGGY LTD INCOME STATEMENT FOR THE PERIOD ENDED 30 JUNE 20XX + 1 20XX + 1$ Sales 1 995 Costs 647 Depreciation 228 Interest 116 a. What is shareholders' equity for 20XX and 20XX + 1? b. What is net working capital for 20XX and 20XX + 1? What is the addition to NWC for 20XX +1? c. What was net profit for 20XX + 1? What were cash flows from operating activities? Assume a 30 per cent tax rate. d. In 20XX + 1, Froggy purchased $500 in new non-current assets. How much in non- current assets did Froggy sell? What was the cash flow from assets for the year? e. During the year 20XX + 1, Froggy raised $50 in new non-current liabilities. How much must Froggy have paid off during the year? What was the net cash flow to debtholders for the year

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