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Remaining Time: 1 hour, 57 minutes, 16 seconds Question Completion Status: The accountant for Lucky Lucas Ltd has asked you to assist her in preparing
Remaining Time: 1 hour, 57 minutes, 16 seconds Question Completion Status: The accountant for Lucky Lucas Ltd has asked you to assist her in preparing and analysing the cashflow statement for the year ended 30 June 2020. The following accounts have been listed in alphabetical order. Cashflow statement for the year ended 30 June 2020 Account Name Acquisition of businesses, net of cash acquired Income tax paid Interest (paid) / received Net investment in Joint venture partner Payments for other operating expenses (5000) 10 -500 -50 -10 -1450 -38,500 Payments to suppliers and employees Proceeds from borrowings Proceeds from borrowings with related parties Proceeds from sale of controlled entities Proceeds from sale of property, plant and equipment 10,000 5,000 620 450 -20,000 Purchase of property, plant and equipment and intangibles Purchase of shares under Equity Incentive Plan Receipts from customers Repayment of borrowings 5,000 50,000 -5,000 Required: 1. Identify each account included in the operating activities' section of the cashflow statement along with the total value for investing activities. State whether this total value is a cash inflow or cash outflow. (12 marks) Click Save and Submit to sove and submit. Click Save All Answers to save all answers. Save Al Answers Close Window Save and Submit
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