Question
The Statement of Financial Position for Cush Limited for the year to 30 September 2022 is as follows: Non-Current Assets: 2022 2021 Land cost 300,000
The Statement of Financial Position for Cush Limited for the year to 30 September 2022 is as follows: Non-Current Assets: 2022 2021 Land cost 300,000 200,000 Buildings cost 450,000 400,000 Buildings Accumulated Depn (215,000) (120,000) 535,000 480,000 Current Assets Inventory 25,000 22,000 Trade Receivables 36,000 39,000 Cash & Bank 15,000 17,000 Short term liquid investments 5,000 7,000 81,000 85,000 Total Assets 618,000 565,000 Equity 2022 2021 Issued Share Capital 15,000 10,000 Share Premium 80,000 10,000 Retained Earnings 359,000 387,000 454,000 407,000 Non-current liabilities Debentures 120,000 100,000 Current Liabilities: Trade Payables 23,000 10,000 Taxation 12,000 16,000 Bank overdraft 7,000 32,000 37,000 51,000 Total Equity & Liabilities 618,000 565,000 We are also told that Cush declared and paid dividends of 50,000. What is the what is the net cash flows from financing activities figure for inclusion in the Statement of Cash Flows for the year ending 30 September 2022? Enter your answer as a number with no sign. If your answer is a negative number place a "-" symbol in front of the number (eg if the answer is minus ten thousand, your answer should be -10000)
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