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Use the following financial statements extracts and calculate the Cash generated from operations. A. Extract from the Statement of Profit or Loss. Sales Cost
Use the following financial statements extracts and calculate the Cash generated from operations. A. Extract from the Statement of Profit or Loss. Sales Cost of sales Gross profit Operating expenses Wages Depreciation Sundry expenses Operating profit Interest income Operating profit before income expense Interest expense Net profit before tax B. Extract from the Statement of Financial Position. Inventory Trade and other receivables Trade and other payables 180 000 18 000 46 500 2019 R200 000 80 000 100 000 R750 000 (450 000) 300 000 (244 000) 55 500 55 500 (10 500) 45 000 2020 R160 000 90 000 112 000
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