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Hurricanes plc has operating profit for the year ended 30 December 2021 of £98,200, after charging depreciation of £17,500. The balance sheet shows the following changes over the year: Debtors:    increase by £8,500 Stock:        decrease by £5,200 Creditors:  increase by £7,800 What is the net cash from operating activities? a) £137,200 b) £104,600 c) £112,400 d) £120,200

Hurricanes plc has operating profit for the year ended 30 December 2021 of £98,200, after charging depreciation of £17,500. The balance sheet shows the following changes over the year: Debtors:    increase by £8,500 Stock:        decrease by £5,200 Creditors:  increase by £7,800 What is the net cash from operating activities? a) £137,200 b) £104,600 c) £112,400 d) £120,200

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Hurricanes plc has operating profit for the year ended 30 December 2021 of £98,200, after charging depreciation of £17,500. The balance sheet shows the following changes over the year:

Debtors:    increase by £8,500
Stock:        decrease by £5,200
Creditors:  increase by £7,800

What is the net cash from operating activities?

a) £137,200
b) £104,600
c) £112,400
d) £120,200

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