Grant's business makes an operating profit of 16 632 in the year ending 30 April 20X1. One

Question:

Grant's business makes an operating profit of £16 632 in the year ending 30 April 20X1. One of the deductions in arriving at operating profit was depreciation of £6650.

At 30 April 20X1 the balance sheet showed stock of £26 750, debtors and prepayments of £12 704 and creditors of £11 667. On 30 April 20X0O the corresponding figures were: stock £27997; debtors and prepayments

£11 940; and creditors £9975.

What is the net cash inflow from operating activities to be included in Grant's cash flow statement for the year ending 30 April 20X1?

EZ 1107

£18 807

£221073

£25 457.

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Muhammad Salman Alvi

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