COMPANY A COMPANY B Cash flows from operating activities Profit/loss before tax Finance cost 500,000 480,000 20,000 10,000 Investment income 0 (2,000) Depreciation charge 1,000 40,000 Loss/(profit) on sale of non-current assets 0 4,000 (Increase)/decrease in inventories (15,000) (Increase)/decrease in trade and other receivables (40,000) (1,000) 2,000 Increase/(decrease) in trade and other payables (10,000) (2,000) Cash generated from operations 456,000 531,000 Interest paid (20,000) (10,000) Tax paid (80,000) (70,000) Net cash from operating activities 356,000 451,000 Cash flows from investing activities Purchase of property, plant and equipment 0 (100,000) Proceeds from sales of property, plant and equipment 0 20,000 Interest received 2,000 Net cash used in investing activities 0 (78,000) Cash flows from financing activities Issue of ordinary shares 0 0 Issue of non-current interest-bearing borrowings Dividends paid 0 80,000 (400,000) 0 Net cash used in financing activities (400,000) 80,000 Net change in cash and cash equivalents (44,000) 453,000 Cash and cash equivalents brought forward 220,000 110,000 Cash and cash equivalents carried forward 176,000 563,000 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Company B has rewarded its shareholders during the period b Company A has invested in non-current assets during the period d Company B has a negative cash balance at the end of the period Company A has a positive cash balance at the end of the period