Question: SECTION A Answer ALL the questions in this section. Study the statement of cash flows of Mantis Limited for the year ended 31 December 2021


SECTION A Answer ALL the questions in this section. Study the statement of cash flows of Mantis Limited for the year ended 31 December 2021 and answer the following questions: 1.1Calculate the following for the year ended 31 December 2021: 1.1.1 Depreciation (2 marks) 1.1.2 Dividends paid (2 marks) 1.2 Of what significance is this statement of cash flows to the shareholders of Mantis (1 marks) Limited? 1.3 Comment on the following: 1.3.1Cash flows from operating activities (R181 800) (4 marks) 1.3.2Increase in inventory (R808 000) (4 marks) 1.3.3Increase in receivables (R606 000) 1.3.4 Interest paid (R80 800) (4 marks) 1.3.5Cash flows from investing activities (R2 343 200) (4 marks) INFORMATION (4 marks) MANTIS LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2021 Increase in inventory (808000)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
