Recast the reported cash flow statement to a 'standardised' cash flow statement for Rossi Ltd to perform cash flow analysis.

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The following is the cash flow statement of Rossi Ltd for the year ended 30 June 2023. Cash flows from operating activities $M Receipts from customers 17,518 Payment to suppliers and employees -15,248 Interest received Interest expense Net cash inflow from operating activities Cash flows from investing activities Payment for plant and equipment Proceeds from sale of plant and equipment Net cash (outflow) from investing activities Cash flows from financing activities Proceeds from issue of shares Payment for shares acquired by the employee share trust Repayment of borrowings Payment for debt issue costs Dividends paid to owners of the company Net cash (outflow) from financing activities Net increase in cash and cash equivalents Cash and cash equivalent at the beginning of the financial year Cash and cash equivalents at end of year Statutory tax rate Note: Round your answers to whole number. Required 10 -70 2,210 -86 20 -66 26 -658 -880 -24 -346 -1,882 262 240 502 30% The following is the cash flow statement of Rossi Ltd for the year ended 30 June 2023. Cash flows from operating activities $M Receipts from customers 17,518 Payment to suppliers and employees -15,248 Interest received Interest expense Net cash inflow from operating activities Cash flows from investing activities Payment for plant and equipment Proceeds from sale of plant and equipment Net cash (outflow) from investing activities Cash flows from financing activities Proceeds from issue of shares Payment for shares acquired by the employee share trust Repayment of borrowings Payment for debt issue costs Dividends paid to owners of the company Net cash (outflow) from financing activities Net increase in cash and cash equivalents Cash and cash equivalent at the beginning of the financial year Cash and cash equivalents at end of year Statutory tax rate Note: Round your answers to whole number. Required 10 -70 2,210 -86 20 -66 26 -658 -880 -24 -346 -1,882 262 240 502 30%

Answer rating: 100% (QA)

To standardize the cash flow statement we need to adjust it to reflect certain items consistently He... View the full answer