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Mountain plcs statement of cash flows shows a net increase in cash and cash equivalents of 453,000. This did not match to the actual movement,
Mountain plcs statement of cash flows shows a net increase in cash and cash equivalents of 453,000. This did not match to the actual movement, and it was discovered that the following had not been adjusted for in the statement of cash flows:
- Depreciation of 52,000
- Profit on the sale of non-current assets of 89,000
- Purchase of non-current assets for 130,000
After these items are adjusted for, what should the net cash flow of mountain plc be?
- 323,000
- 464,000
- 724,000
- 286,000
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