Net cash flow from operating activities 8 2la$109 30 1/4PKMOL9-AltCarVExample 1Quick LtdIncome skaitmentRevenueCost of salesDistribution costAdmin expenseBook SInterest Receved-Interal PaidProfit before taxTaxProfit after tax1.376 50(90700)369.50AssetsNon-current assestPPEintangible assetsInvestments(68 50)(13200)175.00Current assetsReceivablesShort-term investCash on handTotal Asset12 50(37.50)Quick Ltdstatement of financial positionas al81 DecEquity a hiabilitiesEquityShare capitalShare premiam150:00(20:00)80.0020301901957519525Lloll10080130201985100la 5511575474754.5.590.Revolution reserveRelain EarningNow-current liablLoanCurrent LiabTrade payables63.5Bank dverdraft 42.5Tax60Total equityt Liabi 611Net cash flow from operating2559.54955474VACA CEP COR350

The cash inflows and outflows that are directly connected to a business's main operating activities…

1 1 1 1 1 3 1 Quick Ltd Revenue Cast of sales Distribution cost Admin expense. Interest Raceved Interal Paid Profit before tax -Tax Profit after tax 1376 50 (907.00) 369.50 Assets Non-current assest. PPE intangible assets investments Current assets Receivables (63 50) (13300) 175.00 Quick Ltd statement of financial position. as at 81 Dec Short-term invest Cash on hand Total Asset 12 50 (37.50) 150:00 Equity & Liabilities Equity Share capital Share premium (20.00) 80.00 2 281 28-3 100 80 50 130 2019 85 1625 1.00 la 5 51 1575 0.5 4.74 Revolution reserve Relain Eaming Now-current liabl Loan Current Liab Trade payables 63.5 Bank derdraft 425 Tax 60 Total equityt Liabi 611 Net cash flow from operating 4.5.5 90. 595 49 55 474

1 1 1 1 1 3 1 Quick Ltd Revenue Cast of sales Distribution cost Admin expense. Interest Raceved Interal Paid Profit before tax -Tax Profit after tax 1376 50 (907.00) 369.50 Assets Non-current assest. PPE intangible assets investments Current assets Receivables (63 50) (13300) 175.00 Quick Ltd statement of financial position. as at 81 Dec Short-term invest Cash on hand Total Asset 12 50 (37.50) 150:00 Equity & Liabilities Equity Share capital Share premium (20.00) 80.00 2 281 28-3 100 80 50 130 2019 85 1625 1.00 la 5 51 1575 0.5 4.74 Revolution reserve Relain Eaming Now-current liabl Loan Current Liab Trade payables 63.5 Bank derdraft 425 Tax 60 Total equityt Liabi 611 Net cash flow from operating 4.5.5 90. 595 49 55 474

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter10: Accounting For Sales And Cash Receipts

Section: Chapter Questions

Problem 3MC

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