6.2 The following information has been taken from the financial statements of Juno plc for last year

Question:

6.2 The following information has been taken from the financial statements of Juno plc for last year and the year before last:

Year before last Last year £m £m Operating profit 156 187 Depreciation charged in arriving at operating profit 47 55 Inventories held at end of year 27 31 Trade receivables at end of year 24 23 Trade payables at end of year 15 17 Required:
What is the figure for cash generated from the operations for Juno plc for last year?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: