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how to do cash flow statement for this question QUESTION 1 CASH FLOW STATEMENT (20 MARKS) The financial statements of Merico Limited are presented below:
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QUESTION 1 CASH FLOW STATEMENT (20 MARKS) The financial statements of Merico Limited are presented below: Merico Limited Statement of Comprehensive Income for the year ended 31 December: Sales (All credit) Cost of sales Gross profit Operating expenses Operating profit Interest expense Profit before tax Tax Profit after tax Dividend Retained earnings Statement of Financi 2019 (R'000) 4 700 (2000) 2 700 (1570) 1 130 (90) 1 040 364) 676 160) 2018 (R'000) 3 500 (1 700) 1 800 (1 525) 275 (79) 196 78) 118 ( 80) 38 116%Step by Step Solution
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