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19) Based on the information below, calculate the Net Operating Cash Flow for the Year Ending Dec 2019 Year ending 12/2018 Year ending 12/2019 Net
19) Based on the information below, calculate the Net Operating Cash Flow for the Year Ending Dec 2019 Year ending 12/2018 Year ending 12/2019 Net Profit (Income 7197 8240 Statement) Depreciation and 600 655 Amortisation (Income Statement) Gain on sale of building 0 230 (Income Statement) Receivables (Balance 785 915 Sheet) Payables (Balance 628 573 Sheet) Prepayments (Balance 125 270 Sheet) Finished Goods 1227 1077 (Balance Sheet) 8,885 8,595 8,485 8,825 Single choice 20) Which of the following statements is true with regard to Corporate Governance in government sector organizations? Corporate Governance doesn't apply to government sector organizations because there is no profit motive Government sector organizations are responsible for setting up legislative frameworks for profit making organizations; not adhering to these laws themselves. Increasing demands for ethical conduct in the public sector and calls for accountability to voters and taxpayers mean that corporate governance is also applicable to the government sector. Civil servants and politicians are accountable to the electorate which means that corporate governance principles are not applicable
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