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Please help me understand the solution with a step-wise calculation of the same! Thank you! :D Years ended June 2020.901 and 9020 begin{tabular}{|l|r|r|r|} hline Distribution
Please help me understand the solution with a step-wise calculation of the same! Thank you! :D
Years ended June 2020.901 and 9020 \begin{tabular}{|l|r|r|r|} \hline Distribution costs & 676 & 1,252 & 3,438 \\ \hline Administrative expenses & 1,732 & 3,690 & 4,675 \\ \hline Interest expense paid & 280 & 310 & 716 \\ \hline Taxation & 409 & 539 & 617 \\ \hline Retained profit for the year & 350 & 520 & 850 \\ \hline & & & \\ \hline Non-current assets at cost & 4,965 & 6,405 & 6,645 \\ \hline Accumulated depreciation & 1,158 & 2,183 & 2,646 \\ \hline Closing inventory at cost & 855 & 1,569 & 3,652 \\ \hline Trade receivables & 445 & 1,861 & 5,065 \\ \hline Prepayments & 172 & 0 & 0 \\ \hline Cash & 458 & 0 & 0 \\ \hline Overdraft & 0 & 760 & 2,320 \\ \hline Trade payables & 390 & 724 & 2,446 \\ \hline Accruals & 254 & 384 & 676 \\ \hline Taxation payable & 397 & 368 & 408 \\ \hline 12% Loan (Repayable 2025) & 1,600 & 1,700 & 1,900 \\ \hline Ordinary share capital 1 & 2,300 & 2,400 & 2,800 \\ \hline Retained earnings & 796 & 1,316 & 2,166 \\ \hline \end{tabular} Directors of DeLise have noticed that although sales are healthy and reported profits have been rising steadily, the cash position is unstable. Admin and paperwork is not a strength of the organisation, and the accounts department is often found in disarray. There have been no disposals of non-current assets during any of the three years. During each of the years ended 30th june 2020, 2021 and 2022 dividends were announced for year and paid in cash on the last day of that year. You have been employed as a consultant to assess the liquidity of Detise Ltd. In doing so complete the following tasks. Required (1) Prepare the Statement of Cash Flows for ptblication for the year ended june 2022 using the indirect. methodStep by Step Solution
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