QUESTION $1$

REQUIRED

Study the Statement of Cash Flows given below and answer the following questions:

$1\mathrm{.}1$ Calculate the following:

$1\mathrm{.}1\mathrm{.}1$ Decrease in payables

$(2$ marks$)$

$1\mathrm{.}1\mathrm{.}2$ Interest income.

$(2$ marks$)$

$1\mathrm{.}2$ Did the company increase or decrease its non$-$current liabilities? Also indicate the

amount.

$1\mathrm{.}3$ State THREE $(3)$ significant changes to the financial position that are evident in this

Statement of Cash Flows that the Statement of Comprehensive Income would not reveal.

$(3$ marks$)$

$1\mathrm{.}4$ Comment on the following:

$1\mathrm{.}4\mathrm{.}1$ Decrease in inventory of R$100000$

$(2$ marks$)$

$1\mathrm{.}4\mathrm{.}2$ Increase in receivables of R$900000$

$(2$ marks$)$

$1\mathrm{.}4\mathrm{.}3$ Cash flows from operating activities of R$3400000$

$(2$ marks$)$

$1\mathrm{.}4\mathrm{.}4$ Non$-$current assets purchased for R$3800000$

$(2$ marks$)$

$1\mathrm{.}4\mathrm{.}5$ Increase in investments of R$1400000.$INFORMATION

BENNETON LIMITED

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED $31$ DECEMBER $2022$