[jyotijoshi]

Cash flows,
Operating profit 469,850 for 06. Dep 37,400 on the income s it includes 7,600 loss on disposal of non c asset.

2005
Inv 167
Receivables 203
Prepayments 16
Trade payables 212
Int accrual 28

2006

Inv 145
Rece 202
Preps 27
Payables 196
Inc a 6
what is the cash generated from operation.

Ans 503,250

Please please could you explain this with full breakdowns I think I know the method, first sales then purchase n operating activities but can’t put the figures together at all, knowing the breakdown will increase my chances to get these questions correct on Tuesday.

Thanks again Jon Moffat

[jyotijoshi]

50000 at the date 30000 at the acq= 20000*.20%= 4000 +75000= 79000:)

[jyotijoshi]

Thank you:)

[jyotijoshi]

Thank you for your reply. I am studying from home,I bought the text and exam kit, so I did not get back to them. The sad part is that ,the errors are on group company accounts and on dividend workings which is quite tough to learn at first glance.

I only started using open tuition since July although I’ve been a member for a while.

OTC is great! I only learnt my control accounts and suspense account after using an open tuition.

Greatful to Open Tuition and really kind of you to answer these questions.

Regards

[Author]

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