Question
Prepare cash flow from operating activities: Net profit after tax:$400000 Depreciation:$50000 Tax paid:$60000 Debtor increased by $50000 Creditor increased by $55000 Bill payables decreased by
Prepare cash flow from operating activities:
Net profit after tax:$400000
Depreciation:$50000
Tax paid:$60000
Debtor increased by $50000
Creditor increased by $55000
Bill payables decreased by $40000
Bills receivable increased by $35000
Short term borrowings increased by $ 25000
Long-term borrowings decreased by $67000
Calculate the cash from operating activities
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Accounting Principles
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
IFRS global edition
1-119-41959-4, 470534796, 9780470534793, 9781119419594 , 978-1119419617
