Question: Conduct Cash Flow Statement for Operating Activities using the below information for both the direct method and the indirect method $Operating profit 8 0 ,
Conduct Cash Flow Statement for Operating Activities using the below information for both the direct method and the indirect method $Operating profitInvestment incomeFinance costsProfit before taxTaxProfit for the yearOther comprehensive income Revaluation gainTotal comprehensive income Closing balanceOpening balance $$Current assets InventoryReceivablesCurrent liabilities Trade payables Additional informationDuring the year depreciation of $ and amortisation of $ was charged to profit. Receipts from customers, combined with cash sales, were $ payments to suppliers of raw materials $ other operating cash payments were $ and cash paid on behalf and to employees was $Interest paid is $ and taxation paid is $ Create the extract of the cash flow statements operating activities using:i the direct methodii the indirect method Please explain in detail thank you so much
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