Operating profit, after deducting loss on asset disposal of 34,000 and depreciation amounting to 58,000, has been

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Operating profit, after deducting loss on asset disposal of £34,000 and depreciation amounting to £58,000, has been reported as £842,500. Changes in working capital items in the year were as shown. Calculate the cash generated by operating activity for inclusion in a Statement of cash flows prepared on the indirect method.

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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