Net increase in cash and cash equivalents 1 084 Cash and cash equivalents at the beginning of the year 119 Cash and cash equivalents at the end of the year 1 203 Required (a) Prepare answers to the following: W Inventories decreased during the year. State: one advantage of a decrease in inventories one disadvantage of a decrease in inventories 12) (ii) Customers owed 45 000 at the start of the year. Calculate the amount customers owed at the end of the year. (2) Gil) Suppliers were owed 33 000 at the end of the year. Calculate the amount suppliers were owed at the start of the year. 121 (iv) The 6% bank loan for 400 000 was taken out in 2014. Calculate the amount of interest accrued on the loan for the year ended 30 September 2017. 13) W) Calculate the profit or loss after interest payments for the year ended 30 September 2017 12) (vi) The non-current asset which was sold during the year consisted of one item. State the book value of the plant when sold. (3) (vii) State two reasons why Kontire Digital plc would purchase shares in other companies 12) (vin) The preference shares have a dividend rate of 4% per year, which was paid in full. Calculate the value of the preference shares. (2) (ix) At 1 October 2016, Kontire Digital plc had an overdraft of 27 000. Calculate the cash balance the company had at this date. (2) x) At 30 September 2017, Kontire Digital plc had 609 000 in cash. Calculate the movement on the bank balance during the year. (Total = 24 marks) ( (TOTAL MARKS: 100) Net increase in cash and cash equivalents 1 084 Cash and cash equivalents at the beginning of the year 119 Cash and cash equivalents at the end of the year 1 203 Required (a) Prepare answers to the following: W Inventories decreased during the year. State: one advantage of a decrease in inventories one disadvantage of a decrease in inventories 12) (ii) Customers owed 45 000 at the start of the year. Calculate the amount customers owed at the end of the year. (2) Gil) Suppliers were owed 33 000 at the end of the year. Calculate the amount suppliers were owed at the start of the year. 121 (iv) The 6% bank loan for 400 000 was taken out in 2014. Calculate the amount of interest accrued on the loan for the year ended 30 September 2017. 13) W) Calculate the profit or loss after interest payments for the year ended 30 September 2017 12) (vi) The non-current asset which was sold during the year consisted of one item. State the book value of the plant when sold. (3) (vii) State two reasons why Kontire Digital plc would purchase shares in other companies 12) (vin) The preference shares have a dividend rate of 4% per year, which was paid in full. Calculate the value of the preference shares. (2) (ix) At 1 October 2016, Kontire Digital plc had an overdraft of 27 000. Calculate the cash balance the company had at this date. (2) x) At 30 September 2017, Kontire Digital plc had 609 000 in cash. Calculate the movement on the bank balance during the year. (Total = 24 marks) ( (TOTAL MARKS: 100)