Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Balance sheet extracts as at 31 December 2018 2019 RM RM Non-current assets 19,000 20,000 Current assets Inventories 4,000 5,000 Trade receivables 2,500 3,000 Prepayments

image text in transcribed

Balance sheet extracts as at 31 December 2018 2019 RM RM Non-current assets 19,000 20,000 Current assets Inventories 4,000 5,000 Trade receivables 2,500 3,000 Prepayments 300 500 Current liabilities Trade payables 9,000 4,000 Accruals 200 700 The operating profit for 2019 was RM17,000 and the depreciation for the year was RM8,000. What was the net cash generated from operations for 2019? A inflow RM22,200 B. inflow RM18,800 C. inflow RM27,800 D. inflow RM2,800

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Role Of Project Auditing In The Improvement Of Systems

Authors: Aïssata Maiga, Oumar Bah

1st Edition

6205076616, 978-6205076613

More Books

Students also viewed these Accounting questions

Question

1. Define mass and mediated communication

Answered: 1 week ago