Dune Ltd has operating profit for the year ended 30 June 2021 of £56,300, after charging depreciation of £18,500 and making a profit on the disposal of a car of £1,000. The balance sheet shows the following: 2020 2021 £ £ Inventory 8,500 13,200 Trade Receivables 17,000 15,500 Trade Payables 12,600 14,200 What is the net cash from operating activities? a) £71,200 b) £72,200 c) £78,100 d) £77,100

Dune Ltd has operating profit for the year ended 30 June 2021 of £56,300, after charging depreciation of £18,500 and making a profit on the disposal of a car of £1,000. The balance sheet shows the following: 2020 2021 £ £ Inventory 8,500 13,200 Trade Receivables 17,000 15,500 Trade Payables 12,600 14,200 What is the net cash from operating activities? a) £71,200 b) £72,200 c) £78,100 d) £77,100

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 13MCQ

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