The Moon Company has total operating income of AED 30 million. The depreciation expense was AED 3 million and dividends were paid in the amount of AED 6 million, accounts payables decreased by AED 4 million, accounts receivables decreased by AED 9 million, inventory decreased by AED 16 million, interest expenses AED 2 million and tax rate 30%. What was the net cash flow from operating activities?
The Moon Company has total operating income of AED 30 million. The depreciation expense was AED 3 million and dividends were paid in the amount of AED 6 million, accounts payables decreased by AED 4 million, accounts receivables decreased by AED 9 million, inventory decreased by AED 16 million, interest expenses AED 2 million and tax rate 30%. What was the net cash flow from operating activities?
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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4. The Moon Company has total operating income of AED 30 million. The depreciation expense was AED 3 million and dividends were paid in the amount of AED 6 million, accounts payables decreased by AED 4 million, accounts receivables decreased by AED 9 million, inventory decreased by AED 16 million, interest expenses AED 2 million and tax rate 30%. What was the net cash flow from operating activities?
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