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1) Prepare cash flow statement. Q2 FINANCIAL STATMENT ANALYSIS: ( 6 MARKS ) Missing Figures of each of six horizontal lines in the following table

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1) Prepare cash flow statement. Q2 FINANCIAL STATMENT ANALYSIS: ( 6 MARKS ) Missing Figures of each of six horizontal lines in the following table represent separate sets. CASE 2 CASE 3 CASE 4 CASE 1 400000 SALES 250,000 ? 500,000 INVENTORY (OPENING) 30000 50,000 ? 25,000 225,000 PURCHASES ? ? 350,000 GOODS AVAILABLE FOR SALE 300000 ? ? INVENTORY ( CLOSING) ? 25,000 ? 100,000 COST OF GOODS SOLD ? 150,000 215,000 400,000 GROSS PROFIT 150000 ? 85,000

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