clean and green, not mean' with company goals aligned to the UK climate pledge. year bank loan of 95,000 at an annual interest rate of 14% when it started business. balance approach which is also known as the double declining balance approach. 8. In order to raise capital for future growth of the business, in the final week of Year 1 there was a second share issue of 18,000 shares at a premium of 25 pence per share. maximum growth potential. What figure did you arrive at for the accounting equation where Assets - current liabilities = non-current liabilities + equity? What figure did you arrive at for closing inventories? What figure did you arrive at for SoFP total Non-current Assets? What figure did you arrive at for SoFP total Non-current Liabilities? What figure did you arrive at for the year-end closing cash? What figure did you arrive at for year-end Net Receivables? What figure did you arrive at for the closing balance for OSC? What figure did you arrive at for the closing balance for Share Premium? What figure did you arrive at for Total current assets? What figure did you arrive at for total current liabilities? What figure did you arrive at for the year-end Revenue Reserves? What figure did you arrive at for SoFP Net Assets? What figure did you arrive at for the Sales revenue? What figure did you arrive at for the Cost of Goods Sold? What figure did you arrive at for 'Gross Profit'? What was the depreciation expense for the period? What figure was the rent expense for the period? What was the figure for the various expenses for the period? What figure did you arrive at for 'EBIT'? Note: If your answer is a negative figure you must use the minus sign to show this. What figure did you arrive at for total cash inflow? What was the cash that came in from trade receivables? What figure did you arrive at for total cash outflow? What was the cash that was paid to trade payables? Using the Direct method, what would the net cash from Operating activities be? Using the Direct method, what would the net cash from Financing activities be? clean and green, not mean' with company goals aligned to the UK climate pledge. year bank loan of 95,000 at an annual interest rate of 14% when it started business. balance approach which is also known as the double declining balance approach. 8. In order to raise capital for future growth of the business, in the final week of Year 1 there was a second share issue of 18,000 shares at a premium of 25 pence per share. maximum growth potential. What figure did you arrive at for the accounting equation where Assets - current liabilities = non-current liabilities + equity? What figure did you arrive at for closing inventories? What figure did you arrive at for SoFP total Non-current Assets? What figure did you arrive at for SoFP total Non-current Liabilities? What figure did you arrive at for the year-end closing cash? What figure did you arrive at for year-end Net Receivables? What figure did you arrive at for the closing balance for OSC? What figure did you arrive at for the closing balance for Share Premium? What figure did you arrive at for Total current assets? What figure did you arrive at for total current liabilities? What figure did you arrive at for the year-end Revenue Reserves? What figure did you arrive at for SoFP Net Assets? What figure did you arrive at for the Sales revenue? What figure did you arrive at for the Cost of Goods Sold? What figure did you arrive at for 'Gross Profit'? What was the depreciation expense for the period? What figure was the rent expense for the period? What was the figure for the various expenses for the period? What figure did you arrive at for 'EBIT'? Note: If your answer is a negative figure you must use the minus sign to show this. What figure did you arrive at for total cash inflow? What was the cash that came in from trade receivables? What figure did you arrive at for total cash outflow? What was the cash that was paid to trade payables? Using the Direct method, what would the net cash from Operating activities be? Using the Direct method, what would the net cash from Financing activities be