Aqua Ltd has operating profit for the year ended 30 June 2020 of £56,300, after charging depreciation of £18,500 and making a profit on the disposal of a car of £1,000. The balance sheet shows the following: Inventory Trade Receivables Trade Payables 2019 2020 ££ 8,500 13,200 17,000 15,500 12,600 14,200 What is the net cash from operating activities? a) £71,200 b) £72,200 c) £78,100 d) £77,100
Aqua Ltd has operating profit for the year ended 30 June 2020 of £56,300, after charging depreciation of £18,500 and making a profit on the disposal of a car of £1,000. The balance sheet shows the following: Inventory Trade Receivables Trade Payables 2019 2020 ££ 8,500 13,200 17,000 15,500 12,600 14,200 What is the net cash from operating activities? a) £71,200 b) £72,200 c) £78,100 d) £77,100
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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12. Aqua Ltd has operating profit for the year ended 30 June 2020 of £56,300, after charging
Inventory
Trade Receivables Trade Payables
2019 2020 ££ 8,500 13,200 17,000 15,500 12,600 14,200
What is the net cash from operating activities?
a) £71,200
b) £72,200
c) £78,100
d) £77,100
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