Sadler plc made an operating profit of £175,500 after charging depreciation of £21,200. During that year, trade receivables increased by £16,600 and inventory increased by £30,300. There was no change to trade payables. Assuming that no other factors affected it, the cash generated from operations would have been:
Sadler plc made an operating profit of £175,500 after charging depreciation of £21,200. During that year, trade receivables increased by £16,600 and inventory increased by £30,300. There was no change to trade payables. Assuming that no other factors affected it, the cash generated from operations would have been:
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter14: Statement Of Cash Flows
Section: Chapter Questions
Problem 54P
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