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
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
Problem 4P: Talbot Enterprises recently reported an EBITDA of $8 million and net income of $2.4 million. It had...
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Hurricanes plc has operating profit for the year ended 30 December 2021 of £98,200, after charging
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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