Question: Quest Ltd has operating profit for the year to 31 December 20X6 of 850, after charging 650 for depreciation and making a profit on disposal

Quest Ltd has operating profit for the year to 31 December 20X6 of £850, after charging £650 for depreciation and making a profit on disposal of a car of

£120.

The balance sheets for the years shows the following entries.

20X6 20X5 Stock 586 763 Trade debtors 1,021 589 Trade creditors 443 1,431 Required Calculate the net cash flow from operating activities for the year ended 31. December 20X6.

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