Question
Below is an extract from the statement of financial position of ABC plc for the most recent financial year: $ $ Current Year Previous Year
Below is an extract from the statement of financial position of ABC plc for the most recent financial year:
| $ | $ | |
| Current Year | Previous Year | |
| PPE at cost | 1,765,939 | 1,765,939 |
| Accumulated depreciation | 706,376 | 582,760 |
| Retained earnings | 4,506,819 | 3,578,076 |
Based on the extract above what is the cash flow from operating activities for the current year?
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New Markets Tax Credit IRS Audit Technique Guide
Authors: Internal Revenue Service
1st Edition
1304112896, 978-1304112897
