AB Ltd has net sales of Rs.60 lakhs, cash expenses (including taxes) of Rs.45 lakhs and depreciation expenses of Rs.4lakhs. If debtors decrease over the period by Rs.5 lakhs, what is its cash from operations? PROBLEM 2 I. II. Cost of Materials Consumed Employee benefit expenses Depreciation expenses Revenue from Operations Expenses: Other expenses Total expenses III. Tax Paid IV. Profit before tax (I-II) Statement of Profit and Loss (For the year 31st March 2017) Profit after tax Note No. 12 1 2 Rs 16,70,000 13,30,000 90,000 42,000 63,000 15,25,000 1,45,000 15000 1,30,000 Notes: 1. Depreciation Expenses: Depreciation 32000 Share issue expenses written off 10000 Total 42000 2. Other Expenses: Office expenses 40,000 Selling expenses 23,000 Total 63000 Additional Info: Current Assets and Current Liabilities Trade Receivables Trade Payables Outstanding Expenses Prepaid Expenses Inventory Calculate cash flow from operating activities using Indirect method. 31-3-2016 65000 50000 2000 900 70000 31-3-2017 63000 59000 1600 1200 58000