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Using the information given below calculate the cash flow from operations for Year 2. Year 1 Year 2 Cash 10.0 30.0 Receivables 30.0 35.0 Inventory
Using the information given below calculate the cash flow from operations for Year 2.
| Year 1 | Year 2 | |
| Cash | 10.0 | 30.0 |
| Receivables | 30.0 | 35.0 |
| Inventory | 10.0 | 15.0 |
| Total assets | 50.0 | 80.0 |
| Payables | 10.0 | 20.0 |
| Debt | 30.0 | 40.0 |
| Common stock | 5.0 | 5.0 |
| Retained earnings | 5.0 | 15.0 |
| Total liabilities and equity | 50.0 | 80.0 |
| Dividends | 3.0 | 5.0 |
| Net income | 15.0 |
Select one:
5.0
25.0
(5.0)
15.0
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Reflection On The Adaptation Of International Auditing Standards To SMEs
Authors: Mohamed Hedi Mzah
1st Edition
6204256882, 978-6204256887
