Hamid Enterprise's net sales were RM48,920, with RM711 in depreciation, RM31,890 in cost of goods sold, RM11,210
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Question:
Hamid Enterprise's net sales were RM48,920, with RM711 in depreciation, RM31,890 in cost of goods sold, RM11,210 in administrative costs, RM680 in interest expenses, RM450 in dividend payments, and RM974 in taxes. What is the cash flow from operations as it would appear on the accounting statement of cash flows if the firm spent RM274 on net working capital
A. RM3,892
B. RM3,056
C. RM4,066
D. RM3,667
Related Book For
Federal Taxation 2016 Comprehensive
ISBN: 9780134104379
29th edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
Posted Date: