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Recommended time to complete: 17 minutes Precise Printers Pty Ltd runs a small commercial printing operation. The following. financial information was reported by Precise Printers
Recommended time to complete: 17 minutes Precise Printers Pty Ltd runs a small commercial printing operation. The following. financial information was reported by Precise Printers Pty Ltd for the year ended 31 March 2022. NOTE: Other operating expenses were all paid for cash. No dividends were paid or provided during the year NOTE: Other operating expenses were all paid for cash. No dividends were paid or provided during the year. Required: Assume Precise Printers Pty Ltd uses the direct method. Using the financial information, prepare the operating activities section of Precise Printers Pty Ltd's statement of cash flows for the year ended 31 March 2022. Include the statement heading in your answer and show all calculation workings. Ignore GST. Note: In your answer it is advisable to build a table with headings. Below is a suggested form of presentation. Usi the table tool( - ) to build the table and enter your answer into the table. Additional lines maybe equired. Workings can be shown below the table
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