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Design Homes Ltd had a $68,300 net loss for 2020. A dividend of $19,700 was paid during the year and depreciation expense was $15,100. An
Design Homes Ltd had a $68,300 net loss for 2020. A dividend of $19,700 was paid during the year and depreciation expense was $15,100. An inspection of the statement of financial position showed the following working capital accounts: 1 January 2020 31 December 2020 Cash Accounts receivable Inventory Prepayments Accounts payable Accrued expenses 45,500 72,900 36,500 7,800 69,300 6,900 75,600 32,800 44,700 7,600 63,900 6,000 Required: Calculate whether Design Homes Ltd generated any cash from its operations during 2020. Important: For any amounts, please don't include the dollar sign ($) or any thousands separators - i.e., $12,000 should be written as 12000 . For operating loss, negative cash flows, and amounts that should be subtracted from operating loss, please include the - (minus) sign in front of the amounts. Please don't place the amounts in parentheses. Operating loss Depreciation Increase/decrease in accounts receivable Increase/decrease in inventory Increase/decrease in prepayments Increase/decrease in accounts payable Increase/decrease in accrued expenses Cash flows from operating activities
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