Search 2:38 PM Fri 12 Mar *75% 75% BF1120: ONLINE TEST 1 (Financial Accounting): Attempt 1 Timed Test The draft statement of cash flow's of a company have been prepared as follows: Em Profit from operations 22 Depreciation 8 Increase in inventories (4) Decrease in receivables 3 Increase in payables (2) 27 Cash generated from operations Interest paid (2) Tax paid (4) Net cash flow from operating activities 21 Which of the following adjustments need to be made to correct the statement? The increase in inventories should be added, not subtracted. (2) The increase in payables should be added, not subtracted. 3) Depreciation should be subtracted, not added. The decrease in receivables should be subtracted, not added. 3 of 15 completed Drafts Are Disabled Submit