Janali Limited prepares its statement of cash flows using the indirect method. Its balance sheet shows the
Question:
Janali Limited prepares its statement of cash flows using the indirect method. Its balance sheet shows the following information:
Additional information:
a. Net profit for the year ended 30 June 2019 was $30 000.
b. No equipment was disposed of during the year ended 30 June 2019. No payments were made on the long-term loan.
Calculate each of the following amounts:
1. Net cash flow from operating activities
2. Net cash flow from investing activities
3. Net cash flow from financing activities.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Accounting An Integrated Approach
ISBN: 9780170411028
7th Edition
Authors: Ken Trotman, Elizabeth Carson
Question Posted: