Additional information 1. Loans to directors are immediately callable. 2. Dividends paid to shareholders (in cash)...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66551f239cb3e_56366551f23976a7.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66551f23d2605_56366551f23cceda.jpg)
Transcribed Image Text:
Additional information 1. Loans to directors are immediately callable. 2. Dividends paid to shareholders (in cash) during the year amounted to R72 200. 3. Company's policy is that loans to directors are immediately callable. 4. Sale or purchases of property, plant and equipment was in cash. Which of the following alternatives represents the correct amount that must be disclosed as profit before tax in the cash generated from operations section according to indirect method in the statement of cash flows of Mnambithi Limited for the year ended 28 February 2022? a. 440 000 b. 215 600 c. 440 400 d. 282 900 e. 507 700 Which of the following alternatives represents the correct amount that must be disclosed as acquisition of listed investments in the cash flows from operating activities section of the statement of cash flows of Mnambithi Limited for the year ended 28 February 2022? a. 17 800 O b. (17 800) c. 37 300 d. (37 300) e. 0 Additional information 1. Loans to directors are immediately callable. 2. Dividends paid to shareholders (in cash) during the year amounted to R72 200. 3. Company's policy is that loans to directors are immediately callable. 4. Sale or purchases of property, plant and equipment was in cash. Which of the following alternatives represents the correct amount that must be disclosed as profit before tax in the cash generated from operations section according to indirect method in the statement of cash flows of Mnambithi Limited for the year ended 28 February 2022? a. 440 000 b. 215 600 c. 440 400 d. 282 900 e. 507 700 Which of the following alternatives represents the correct amount that must be disclosed as acquisition of listed investments in the cash flows from operating activities section of the statement of cash flows of Mnambithi Limited for the year ended 28 February 2022? a. 17 800 O b. (17 800) c. 37 300 d. (37 300) e. 0
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Why might a company use EVA as a measure of its performance in addition to the standard accounting measures? Answering the question, Does the company use investors money wisely? is one of the...
-
What is a conduction shape factor? How is it related to the thermal resistance?
-
KYZ Corp. produces a finished product requiring direct materials to be added at uneven intervals during production. Direct materials are added only in Department A. The schedule of when direct...
-
Kickstand Motorcycle Shop sells motorcycles, ATVs, and other related supplies and accessories. During the taking of its physical inventory on December 31, 2014, Kickstand Motorcycle Shop incorrectly...
-
Module 2: Forces and Newton's Laws Forces are acting on objects all around you. Every time an object changes speed or direction, you know that there are unbalanced forces acting. If an object is...
-
Plus life Limited (Plus life) is a nutritional infant formula retailer in New Zealand. Dennis Miles, the owner, has been having difficulties in accounting for the companys current assets and has...
-
The following transactions apply to Bialis Co. for 2012, its first year of operations. 1. Issued \(\$ 100,000\) of common stock for cash. 2. Provided \(\$ 86,000\) of services on account. 3....
-
Agler Company is a manufacturer of toys. Its controller, Joyce Rotzen, resigned in August 2010. An inexperienced assistant accountant has prepared the following income statement for the month of...
-
The Spinner model of Sunblocker Corp. is currently manufactured as a very plain umbrella with no decoration. The company is considering changing this product to a much more decorative model by adding...
-
Lattie-Dah, Inc., is a small company that manufactures three versions of outdoor hammock. Unit information for its products follows: Lattie-Dah has determined that it can sell a limited number of...
-
Determine the following: a. The stockholders' equity of a corporation that has assets of \(\$ 850,000\) and liabilities of \(\$ 190,000\). b. The assets of a corporation that has liabilities of \(\$...
-
If a firm starts a period with 75 yoyos in? inventory, produces 10 yoyos during the? period, and sells 20 yoyos in this same? interval, inventory investment during the period is A. ?10 yoyos
-
Magwitch Limited's finance director produced the following forecast breakeven chart for the year ending 31 May 2014: During the year the company produced and sold 20,000 units, and both revenue and...
-
What is the real rate of interest of discounting the bill of exchange in Question 45.1?
-
(a) If you were lent 17,000 for 64 days at 6%, how much interest would you pay? (b) If a debt factor offered to discount a 4,000 bill of exchange at 12%, and if the bill had an outstanding period of...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App