Sadler plc made an operating profit of £175,500 after charging depreciation of £21,200. During that year, trade receivables increased by £16,600 and inventory increased by £30,300. There was no change to trade payables. Assuming that no other factors affected it, the cash generated from operations would have been:
Sadler plc made an operating profit of £175,500 after charging depreciation of £21,200. During that year, trade receivables increased by £16,600 and inventory increased by £30,300. There was no change to trade payables. Assuming that no other factors affected it, the cash generated from operations would have been:
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 12MCQ: Smoltz Company reported the following information for the current year: cost of goods sold,...
Related questions
Question
1
![Sadler ple made an operating profit of £175,500 after charging depreciation of £21,200.
During that year, trade receivables increased by £16,600 and inventory increased by
£30,300. There was no change to trade payables. Assuming that no other factors affected it,
the cash generated from operations would have been:
Select one:
O a. £107,400
o b. £149,800
O c. £243,600
o d. £183,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F62a7123d-591a-454f-bd4e-d104cfcd45eb%2F1a54cd35-03ab-4773-afb9-fc3e1dbc4add%2Fjsx3i7a_processed.png&w=3840&q=75)
Transcribed Image Text:Sadler ple made an operating profit of £175,500 after charging depreciation of £21,200.
During that year, trade receivables increased by £16,600 and inventory increased by
£30,300. There was no change to trade payables. Assuming that no other factors affected it,
the cash generated from operations would have been:
Select one:
O a. £107,400
o b. £149,800
O c. £243,600
o d. £183,000
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 1 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Cornerstones of Financial Accounting](https://www.bartleby.com/isbn_cover_images/9781337690881/9781337690881_smallCoverImage.gif)
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
![Managerial Accounting: The Cornerstone of Busines…](https://www.bartleby.com/isbn_cover_images/9781337115773/9781337115773_smallCoverImage.gif)
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
![Cornerstones of Financial Accounting](https://www.bartleby.com/isbn_cover_images/9781337690881/9781337690881_smallCoverImage.gif)
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
![Managerial Accounting: The Cornerstone of Busines…](https://www.bartleby.com/isbn_cover_images/9781337115773/9781337115773_smallCoverImage.gif)
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning