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FR Section C · 20 bal · tövsiyə: 36 dəq

Statement of cash flows (Lark Co)

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The following information relates to Lark Co for the year ended 31 December 20X9. Interest paid is classified under operating activities.

Item$
Profit before tax450,000
Depreciation120,000
Loss on disposal of plant15,000
Finance cost in profit or loss30,000
Interest paid28,000
Inventory: 1 Jan / 31 Dec160,000 / 200,000
Trade receivables: decrease in the year25,000
Trade payables: increase in the year18,000
Income tax liability: 1 Jan / 31 Dec60,000 / 70,000
Income tax charge for the year95,000
Property, plant and equipment, carrying amount: 1 Jan / 31 Dec900,000 / 1,050,000

During the year plant with a carrying amount of $45,000 was sold for $30,000, and land was revalued upwards by $50,000.

  1. (a) Cash generated from operations ($)4 bal
  2. (b) Income tax paid ($)2 bal
  3. (c) Net cash from operating activities ($)2 bal
  4. (d) Purchases of property, plant and equipment ($)3 bal
  5. (e) Net cash used in investing activities (enter the outflow as a positive number, $)2 bal
  6. (f) Comment on what the statement of cash flows information tells you about Lark Co.7 bal
20 bal