You are provided with the following information for a business with a year end of 31 December.
Question:
You are provided with the following information for a business with a year end of 31 December.
Required
Prepare a reconciliation of profit from operations to the cash from operating activities for the year ended 31 December 2014.
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2014 ($) 2013 (S) Operating profit for the year 82 310 67 550 Depreciation charge for the year 10 420 8 300 Loss on sale of non-current 800 assets Inventories 42 100 38 300 Trade receivables 26 240 28 180 Trade payahies 19 640 17110
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