Question: QUESTION 4 (20 MARKS) REQUIRED Study the information provided below and prepare the Cash Flow Statement of Topaz Limited for the year ended 31 December




QUESTION 4 (20 MARKS) REQUIRED Study the information provided below and prepare the Cash Flow Statement of Topaz Limited for the year ended 31 December 2022. INFORMATION Property, plant and equipment were purchased durng the year but there were no disposals. Total dividends for the year ended 31 December 2022 amounted to R810 000 . 750000 ordinary shares were issued by the compary. All purchases and sales of inventories were on credit. The market price of each Topaz Limited share was R10 on 31 December 2022 Cash flows from operating activities Profit before interest and tax/Operating profit Adjustments to convert to cash from operations Profit before working capital changes Working capital changes Cash generated from operations Cash flows from investing activities Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year
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