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catacca2012

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  • July 26, 2013 at 1:08 pm #134309
    e1587a01f45f80a9206f4bc52d25b6c8a027294f6b24e3c4f7d4aa2d368402f7 80catacca2012
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    • ☆

    Explain the workings please. The answer given is C $87,074 though.

    July 24, 2013 at 2:34 pm #134240
    e1587a01f45f80a9206f4bc52d25b6c8a027294f6b24e3c4f7d4aa2d368402f7 80catacca2012
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    • Replies: 2
    • ☆

    $
    Depreciation charges
    + 980,000
    Profit on sale of non-current assets
    +40,000
    Increase in inventories
    -130,000
    Decrease in receivables
    +100,000
    Increase in payables
    +80,000

    Net cash in addition to operating profit of $1,070,000

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