Question: QUESTION 1 ( 2 0 MARKS ) 1 . 1 REQUIRED Study the extract of the Statement of Cash Flows of Gilette Limited for the
QUESTION MARKS REQUIRED Study the extract of the Statement of Cash Flows of Gilette Limited for the year ended April and answer the following questions: Calculate the cash balance as at the beginning of the year and state whether the balance is favourable or unfavourable. marks Calculate the proceeds from the issue of ordinary shares. marks Comment on the cash flows from investing activities R marks INFORMATION begintabularllhline multicolumnlExtract of the Statement of Cash Flows for the year ended April hline & R hline Cash flows from operating activities & hline Cash flows from investing activities & hline Additions to plant and equipment & hline Cash flows from financing activities & hline Proceeds from issue of ordinary shares & hline Increase in longterm borrowings & hline Net decrease in cash and cash equivalents & hline Cash at beginning of year & hline Cash at end of year & hline endtabular
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