Calculate the Dividends paid, Cash and cash equivalents at the end of the year, Carrying/Book value of the vehicles sold, Apart from depreciation (R252 000), identify TWO (2) other adjustments (with the amounts) that would be needed to convert to cash from operations. CAPRI LIMITEDSTATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2021Cash flows from operating activitiesProfit before interest and tax/Operating profitAdjustments to convert to cash from operationsAdd: Depreciation??Profit before working capital changesWorking capital changesDecrease in inventoryIncrease in receivablesIncrease in payablesCash generated from operationsInterest incomeDividends paidCompany tax paidCash flows from investing activitiesNon-current assets purchasedProceeds from sale of vehicles (sold at a profit of R150 000)Increase in long-term investmentsDisposal of long-term investments (disposed at a loss of R150 000)Cash flows from financing activitiesProceeds from issue of ordinary sharesNet increase/decrease in cash and cash equivalentsCash and cash equivalents at beginning of yearCash and cash equivalents at end of yearR756 000900 000?252 000???194 400288 000(396 000)302 4001 346 40072 000?(388 800)(1 368 000)(1 476 000)540 000(612 000)180 000720 000720 000?792 000?

alculate the Dividends paid, Cash and cash equivalents at the end of the year, Carrying/Book value of the vehicles sold, Apart from depreciation (R252 000), identify TWO (2) other adjustments (with the amounts) that would be needed to convert to cash from operations.

alculate the Dividends paid, Cash and cash equivalents at the end of the year, Carrying/Book value of the vehicles sold, Apart from depreciation (R252 000), identify TWO (2) other adjustments (with the amounts) that would be needed to convert to cash from operations.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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