Question
Main questions. Attempt all questions, each one carry 12 marks. Question: 1 Cash Flow Statement - Period 2018 Description XYZ Limited Rafhan Profit before Tax
Main questions. Attempt all questions, each one carry 12 marks.
Question: 1
| Cash Flow Statement - Period 2018 | ||
| Description | XYZ Limited | Rafhan |
| Profit before Tax | 800,000 | 4,000,000 |
| Adjustments: Add back non cash item. | ||
| Depreciation | 400,000 | 1,000,000 |
| Adjusted Profit | ||
| Working Capital Changes | ||
| Changes in Trade Creditors | (200,000) | 1,000,000 |
| Changes in Debtors | 500,000 | 1,200,000 |
| 300,000 | 2,200,000 | |
| Tax Paid | (50,000) | (550,000) |
| Net Cash flow from operating activities | 1,450,000 | 6,650,000 |
| Cash Flow from Investing activity | ||
| Addition during the period - PPE | (800,000) | (8,000,000) |
| Cash Flow From Financing Activity | ||
| Loan obtained/ (repaid) during the period. | (400,000) | 2,000,000 |
| Net cash flow during the Period. | 250,000 | 650,000 |
| Requirements: | ||
| Comments over Cash flow position of each company individually as per following guidelines. | ||
| 1- Over All Cash Flow position | ||
| 2- Category wise and line item wise cash flow analysis | ||
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The Next Step Advanced Medical Coding And Auditing 2013
Authors: Carol J. Buck MS CPC CCS-P
1st Edition
1455744859, 978-1455744855
