Raj Ltd arrived at a net profit of Rs 100000 for the year ended 31st March, 2022. Depreciation for the year is Rs 10000, Loss on sale of Asset is Rs 20000, Interest paid on loan is Rs10000, Gain on sale of assets is Rs 20000. Tax is 20%. Calculate cash flow from operating activity using indirect method. Additional information: Particulars 31-Mar-21 31-Mar-22 Creditors 50000 40000 Debtors 40000 30000 Inventory 25000 35000 Bills Receivables 30000 50000 Bills Payable 25000 40000

Raj Ltd arrived at a net profit of Rs 100000 for the year ended 31st March, 2022. Depreciation for the year is Rs 10000, Loss on sale of Asset is Rs 20000, Interest paid on loan is Rs10000, Gain on sale of assets is Rs 20000. Tax is 20%. Calculate cash flow from operating activity using indirect method. Additional information: Particulars 31-Mar-21 31-Mar-22 Creditors 50000 40000 Debtors 40000 30000 Inventory 25000 35000 Bills Receivables 30000 50000 Bills Payable 25000 40000

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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