Hurricanes plc has operating profit for the year ended 30 December 2021 of £98,200, after charging depreciation of £17,500. The balance sheet shows the following changes over the year: Debtors: increase by £8,500 Stock: decrease by £5,200 Creditors: increase by £7,800 What is the net cash from operating activities?

Hurricanes plc has operating profit for the year ended 30 December 2021 of £98,200, after charging depreciation of £17,500. The balance sheet shows the following changes over the year: Debtors: increase by £8,500 Stock: decrease by £5,200 Creditors: increase by £7,800 What is the net cash from operating activities?

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 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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