Question: It is the correct answer but I need a detail step-by-step for the computation. Thanks! Steel Ltd had the following amounts in its statement of

 It is the correct answer but I need a detail step-by-step

It is the correct answer but I need a detail step-by-step for the computation. Thanks!

Steel Ltd had the following amounts in its statement of financial positions at 30 June 201 and 30 June 202 : Profit before tax was $15000 for the year ended 30 June 202 and the depreciation charge for the year $4280. What is the cash inflow from operations [operating activities] for the year ended 30 June 202 using indirect method? A. $12370 B. $13110 C. $17390 D. \$21 170

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!