Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Relevant account balances of AS Plc. at 30 November 20x3 and 20x7 are shown, in 2000s, as follows (Click here to view financial data) Requirement:

image text in transcribed

Relevant account balances of AS Plc. at 30 November 20x3 and 20x7 are shown, in 2000s, as follows (Click here to view financial data) Requirement: Prepare statement of cash fows using the indirect method for the year ended 30 November 20X8. (Complete the necessary drop downs and answer boxes. Use parentheses to show a deduction Enter your answers as whole numbers) Requirement : First fill in the heading for the statement of cash flows. More Info Nest enter the relevant profit before taxation (after interest figure. Cash flows from operating activities 20X8 (L) Inventories 530 Trade receivables 5400 Trade payables 5.780 Depreciation charged in the year 1,310 Profit before tacation (after interest) 16.900 interest paid (and also interest payable) 4200 Dividends paid 4 225 Tacation paid 1.800 Share capital and Share premium (note 1) 5.915 Sales of tangible non-current assets 8.450 Repayment of loans 2.028 Cash and cash equivalents 24.030 Note 1: The increase was due to a share issue for cash 20X7(E) 500 5.616 3.800 1,500 15.000 8.000 4300 1.800 4.732 Next adjust the profit before taxation (atter interest) for the effect that depreciation has on cash flows. ) Cash flows from operating activities Profit before taxation and after interest, for year ended 30 November 20X8 as above 2300 1.900 Net show the required adjustment for the interest paid in the year. . Cash flows from operating activities Profit before taxation and after interest for year ended 30 November 20x8 Adjustment for Depreciation Print Done as above as above Nest show the adjustments to cash flows from operating activities resulting from changes in the levels of inventories, trade receivables and trade payables in the year. (List deductions first, then additions) Next calculate the total cash generated from operations Cash generated from operations Next calculate the net cash from operating activities List deductions first then additions) Cash generated from operations as above Net cash from operating activities Finally show the cash flows relating to investing activities and financing activities, and the overall change in cash and cash equivalents for the year Cash flows from investing activities Cash flows from financing activities Change in cash and cash equivalents Choose from any list or enter any number in the input fields, then continue to the next question Relevant account balances of AS Plc. at 30 November 20x3 and 20x7 are shown, in 2000s, as follows (Click here to view financial data) Requirement: Prepare statement of cash fows using the indirect method for the year ended 30 November 20X8. (Complete the necessary drop downs and answer boxes. Use parentheses to show a deduction Enter your answers as whole numbers) Requirement : First fill in the heading for the statement of cash flows. More Info Nest enter the relevant profit before taxation (after interest figure. Cash flows from operating activities 20X8 (L) Inventories 530 Trade receivables 5400 Trade payables 5.780 Depreciation charged in the year 1,310 Profit before tacation (after interest) 16.900 interest paid (and also interest payable) 4200 Dividends paid 4 225 Tacation paid 1.800 Share capital and Share premium (note 1) 5.915 Sales of tangible non-current assets 8.450 Repayment of loans 2.028 Cash and cash equivalents 24.030 Note 1: The increase was due to a share issue for cash 20X7(E) 500 5.616 3.800 1,500 15.000 8.000 4300 1.800 4.732 Next adjust the profit before taxation (atter interest) for the effect that depreciation has on cash flows. ) Cash flows from operating activities Profit before taxation and after interest, for year ended 30 November 20X8 as above 2300 1.900 Net show the required adjustment for the interest paid in the year. . Cash flows from operating activities Profit before taxation and after interest for year ended 30 November 20x8 Adjustment for Depreciation Print Done as above as above Nest show the adjustments to cash flows from operating activities resulting from changes in the levels of inventories, trade receivables and trade payables in the year. (List deductions first, then additions) Next calculate the total cash generated from operations Cash generated from operations Next calculate the net cash from operating activities List deductions first then additions) Cash generated from operations as above Net cash from operating activities Finally show the cash flows relating to investing activities and financing activities, and the overall change in cash and cash equivalents for the year Cash flows from investing activities Cash flows from financing activities Change in cash and cash equivalents Choose from any list or enter any number in the input fields, then continue to the next

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategies For Forex Trading How To Maximizing Your Potential Returns

Authors: Clifton Bemrich

1st Edition

979-8388676955

More Books

Students also viewed these Finance questions

Question

Whoser esponsibilityis career development?

Answered: 1 week ago

Question

What is order of reaction? Explain with example?

Answered: 1 week ago

Question

Derive expressions for the rates of forward and reverse reactions?

Answered: 1 week ago

Question

Write an expression for half-life and explain it with a diagram.

Answered: 1 week ago

Question

What do you mean by underwriting of shares ?

Answered: 1 week ago