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The following information is available from Chico Limited. Balance Sheet as at 30 April Additional Information: 1. Plant and Equipment which originally cost ( $
The following information is available from Chico Limited. Balance Sheet as at 30 April Additional Information: 1. Plant and Equipment which originally cost \\( \\$ 189,000 \\) was sold for \\( \\$ 42,000 \\). At the date of sale, May 1998 , the book value was \\( \\$ 105,000 \\). 2. Depreciation of \\( \\$ 98,000 \\) was provided against plant and equipment held during the year. 3. The profit and loss appropriation account for the year ended 30, April 1999 showed: 4. For the year ended April,1999, \\( \\$ 14,000 \\) was charged to the Profit and Loss account as interest on the debenture. Required: a. Prepare a cash flow statement for the year ended 30, April showing clearly the cash inflows and outflows for the year. b. Reconcile operating profit to net cash flow from operating activities (Show workings for profit/loss on Disposal and Additions of Fixed Assets) c. Analysis of changes in cash during the year
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