The reported net profit of a company for the year is 20m after charging depreciation of 5m.
Question:
The reported net profit of a company for the year is £20m after charging depreciation of £5m. During the year, there was an increase of £6m in stocks. Trade debtors and trade creditors remained constant. What is the net cash inflow from operating activities?
(a) £9m
(b) £19m
(c) £21m
(d) £31m
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
b Profit 20m add ...View the full answer
Answered By
Pushpinder Singh
Currently, I am PhD scholar with Indian Statistical problem, working in applied statistics and real life data problems. I have done several projects in Statistics especially Time Series data analysis, Regression Techniques.
I am Master in Statistics from Indian Institute of Technology, Kanpur.
I have been teaching students for various University entrance exams and passing grades in Graduation and Post-Graduation.I have expertise in solving problems in Statistics for more than 2 years now.I am a subject expert in Statistics with Assignmentpedia.com.
4.40+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The reported net profit of a company for the year is 26m after charging depreciation of 3m. During the year, there was a decrease of 6m in stocks. Trade debtors and trade creditors remained constant....
-
The reported net profit of a company for the year is 32m after charging depreciation of 6m. During the year, there was an increase of 4m in inventory (stock). Trade receivables (debtors) remained...
-
The reported net profit of a company for the year is 35m after charging depreciation of 4m. During the year, there was a decrease of 6m in stocks. Trade debtors decreased by 5m. Trade creditors...
-
A list of all of the raw materials needed to manufacture a job. Question 5 options: Bill of Materials Job costing Job cost record Question 6 (1 point) A system for assigning costs to products or...
-
In 2016, Cao's compensation before his employer's contribution to a SEP is $66,000. Up to what amount can Cao's employer contribute and deduct in 2016?
-
Required Name and provide a brief explanation of the six articles of the AICPA Code of Professional Conduct.
-
The two quotes below were taken from The Wall Street Journal. A month after he staved offfinancial ruin by getting his bankers to lend him $65 million, Donald Trump is about to ask his casino...
-
The adjusted trial balance of Sang Company shows the following data pertaining to sales at the end of its fiscal year October 31, 2017: Sales Revenue $820,000, Freight-Out $16,000, Sales Returns and...
-
Gilmartin Corporation issued $450,000 of 14%, 10-year bonds payable on January 1, 2022. The market interest rate at the date of issuance was 12%, and the bonds pay interest semiannually (on June 30...
-
During an accounting period, a business sells goods on credit for a total selling price of 4,000. At the start of the accounting period, there are debtors of 600. At the end of the accounting period,...
-
During an accounting period, a business sells goods on credit for a total selling price of 3,000. At the start of the accounting period, there are trade receivables (debtors) of 400. At the end of...
-
Great Lakes Health Networks net income increased from $3.2 million in 1994 to $6.4 million in 2004. The total growth rate over the ten years is 100 percent, while the annual growth rate is only about...
-
Briefly, discuss the use of survey research in exploratory, descriptive, explanatory, and evaluation studies. Using a criminal justice example select one type of research study and develop one...
-
Medical Helicopters In a study of helicopter usage and patient survival, results were obtained from 47,637 patients transported by helicopter and 111,874 patients transported by ground (based on data...
-
Woodland Hills Company reported income before taxes (pretax financial income) in its income statement of $60,000. Among the items included in the computation of pretax financial income were the...
-
cest Shouldice Hospital in Canada is widely known for one thing-hernia repair! In fact, that is the only operation it performs, and it performs a great many of them. Over the past two decades this...
-
The activation energy for the gas phase decomposition of isobutyl bromide is 211 kJ. (CH3)2CHCH2 Br (CH3)2C=CH2+ HBr The rate constant at 676 K is 5.73 x 10-4 s. The rate constant will be 0.00647 s...
-
Why do e-marketers need to forecast revenue, expenses, ROI, and payout for new products under consideration?
-
1. Use these cost, revenue, and probability estimates along with the decision tree to identify the best decision strategy for Trendy's Pies. 2. Suppose that Trendy is concerned about her probability...
-
What is the objective of the operating and financial review?
-
What is the objective of the operating and financial review?
-
Explain the use of the pyramid of ratios in analysis of performance.
-
Be prepared to explain the texts comprehensive To illustrate the issues related to interest capitalization, assume that on November 1, 2016, Shalla Company contracted Pfeifer Construction Co. to...
-
On April 1, 2020. Indigo Company received a condemnation award of $473,000 cash as compensation for the forced sale of the company's land and building, which stood in the path of a new state highway....
-
The market price of a stock is $24.55 and it is expected to pay a dividend of $1.44 next year. The required rate of return is 11.23%. What is the expected growth rate of the dividend? Submit Answer...
Study smarter with the SolutionInn App