Question 13 Not yet Atkins Limited classifies interest paid and interest received as operating activities. Atkins Limite had the following cash flows during the reporting period: answered Marked out al 0.40 Flag question Consideration paid to acquire a subsidiary, net of cash acquired $150 000 Dividends paid $30 000 Repayment of borrowings $60 000 Interest paid on borrowings $24 000 Proceeds from sale of plant $100.000 The amount of the cash flows in relation to financing activities of Atkins Limited for the reporting period is: Select one: a. Net cash inflow $90 000. D. b. Net cash outflow $90.000 C. Net cash outflow $30 000 1 d. Net cash inflow $30 000 Website Portal Contact List Administration Contact List Question 14 A company reported the following information for a financial year: Not yet answered Profit from ordinary activities before income tax expense Marked out of 0.40 264 000 Income tax expense 70 000 Flag question Depreciation expense 24 000 Issue of shares 120 000 Loan made to another company 24 000 Increase in accounts receivable 8 000 Decrease in inventories 12 000 Cash received from loans receivable 4 000 Dividends paid 16 000 What is the net cash inflow (outflow) from financing activities? Select one: a $124 000 net cash inflow. b $120 000 net cash inflow $(16 000) net cash outflow, d) $104 000 net cash inflow. Next page Previous page