Datuk Harith and Haji Azrul is a Managing Director for Kecoh Sdn Bhd. They plan to prepare a statement of cash flows in 2015 for the company. Aqilah, a fresh graduate Financial Officer for the company asked your help to prepare the statement. Given the following information, help Aqilah to prepare a statement of cash flows for Kecoh Sdn Bhd in year 2015. RM'000 Increase in account receivable 25 Increase in inventories 30 Increase in accounts payable Dividends 25 15 Increase in common stock 20 Increase in net fixed assets 20 Beginning cash 20 Additional information: Net profit margin in year 2015 is 12% Sales is increasing by 37.5% from 2014 Sales in 2014 was RM 200,000. Current depreciation in 2015 is RM 12,000 Accumulated depreciation for the company was RM 15,000 i) iii) iv) v)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Datuk Harith and Haji Azrul is a Managing Director for Kecoh Sdn Bhd. They plan to prepare
a statement of cash flows in 2015 for the company. Aqilah, a fresh graduate Financial Officer
for the company asked your help to prepare the statement. Given the following information,
help Aqilah to prepare a statement of cash flows for Kecoh Sdn Bhd in year 2015.
RM'000
Increase in account receivable
25
Increase in inventories
30
Increase in accounts payable
Dividends
Increase in common stock
25
15
20
Increase in net fixed assets
20
Beginning cash
20
Additional information:
i)
ii)
iii)
iv)
v)
Net profit margin in year 2015 is 12%
Sales is increasing by 37.5% from 2014
Sales in 2014 was RM 200,000.
Current depreciation in 2015 is RM 12,000
Accumulated depreciation for the company was RM 15,000
Transcribed Image Text:Datuk Harith and Haji Azrul is a Managing Director for Kecoh Sdn Bhd. They plan to prepare a statement of cash flows in 2015 for the company. Aqilah, a fresh graduate Financial Officer for the company asked your help to prepare the statement. Given the following information, help Aqilah to prepare a statement of cash flows for Kecoh Sdn Bhd in year 2015. RM'000 Increase in account receivable 25 Increase in inventories 30 Increase in accounts payable Dividends Increase in common stock 25 15 20 Increase in net fixed assets 20 Beginning cash 20 Additional information: i) ii) iii) iv) v) Net profit margin in year 2015 is 12% Sales is increasing by 37.5% from 2014 Sales in 2014 was RM 200,000. Current depreciation in 2015 is RM 12,000 Accumulated depreciation for the company was RM 15,000
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