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8. ABC Limited had a profit after tax of $850 000 for the financial year. Included in this profit was Depreciation expense of $120
8. ABC Limited had a profit after tax of $850 000 for the financial year. Included in this profit was Depreciation expense of $120 000 Gain on sale of investments of $28 000 Also, accounts receivable increased by $39 000 and inventories decreased by $12 000. The cash flow from operating activities during the year was (2 Points) $915.000 $969.000 $785.000 $731.000
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