You have the following extracts from the profit and loss account and balance sheets for Grow Hire

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You have the following extracts from the profit and loss account and balance sheets for Grow Hire Ltd, a transport company.

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There were no sales of fixed assets during the year.
Required: Prepare a cash flow statement using the indirect method for the year ended 31 December 2005.

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Financial Accounting

ISBN: 9780470058985

1st Edition

Authors: Michael J. Jones

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Question Posted: Jun 24, 2024 02:04 AM

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You have the following extracts from the profit and loss account and balance sheets for Grow Hire

Question:

Grow Hire Ltd Profit and Loss Account Year Ended 31 December 2005 (extracts) Profit before Taxation (Note) Taxation paid Net Profit after Taxation Dividends paid Retained Profit 000 112,000 (33,600) 78,400 (35,800) 42,600

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Financial Accounting

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