Hi mike, on the giedruola part of example 2, would the extract from the statement of cash flows be as follows:
Operating activities
Depreciation 2286
Finace interest 705+665 = 1370
Finance interest paid (705)
Financing activities
Payments to fiance lease creditors
1910+1500-705=2705
Cheers
Hugh
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Extracts from financial statements on a lease question
That seems to be ok (without the benefit of the question in front of me, it seems to be correct!)
Great cheers mike!
You're welcome
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