Brown Ltd made an operating profit of £185,500 after charging depreciation of £31,200. During that year, trade payables increased by £26,600 and inventory increased by £40,300. There was no change to trade receivables. Assuming that no other factors affected it, the cash generated from operations would have been: Select one answer: O£149,800 O £283,600 O£203,000 O£230,400 Reset

Brown Ltd made an operating profit of £185,500 after charging depreciation of £31,200. During that year, trade payables increased by £26,600 and inventory increased by £40,300. There was no change to trade receivables. Assuming that no other factors affected it, the cash generated from operations would have been: Select one answer: O£149,800 O £283,600 O£203,000 O£230,400 Reset

Name: Which is correct ? Brown Ltd made an operating profit of £185,500 afte
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: Which is correct ? Brown Ltd made an operating profit of £185,500 after charging depreciation of £31,200. During that year, tradepayables increased by £26,600 and inventory increased by £40,300. There was no change to trade receivables.Assuming that

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

profit of $185,500 after charging depreciation of $31,200. During that year, trade payables increased by $26,600 and inventory increased by $40,300. There was no change to trade receivables. Assuming that no other factors affected it, the cash generated from operations would have been: 149800 283600 None of above 203000
Penketh Ltd has operating profit for the year ended 30 June 2021 of £20,900, after charging depreciation of £2,500, exceptional expenses of £5,000 and making a profit on the disposal of a machine of £2,000. The balance sheet shows the following changes over the year: Trade receivables: increase by £2,500 Inventories: increase by £2,700Trade payables: decrease by £3,000 What is the net cash from operating activities? a) £25,900 b) £13,200 c) £28,400 d) £18,700
9.X Company made an operating profit of $185,500 after charging depreciation of $31,200. During that year, trade payables increased by $26,600 and inventory decreased by $40,300. There was no change to trade receivables. Assuming that no other factors affected it, the cash generated from operations would have been: O a) $203,000. O b) $230,400. c) $283,600. d) $149,800.
Oak Ltd has operating profit for the year ended 30 June 2021 of £20,900, after charging depreciation of £2,500, exceptional expenses of £5,000 and making a profit on the disposal of a machine of £2,000. The balance sheet shows the following changes over the year:Trade receivables: increase by £2,500Inventories: increase by £2,700Trade payables: decrease by £3,000What is the net cash from operating activities?a) £25,900b) £13,200c) £28,400d) £18,700
A Co made a profit for the year of $18,750, after accounting for depreciation of $1,250. During the year, non-current assets were purchased for $8,000, receivables increased by $1,000, inventories decreased by $1,800 and payables increased by $350. What was A Co's increase in cash and bank balances during the year? A $10,650 В $10,850 C $12,450 $13,150
39. Charles Ltd., made a profit of Rs 1,00,000 after charging depreciation of Rs 20,000 on assets and a transfer to general reserve of Rs 30,000. The goodwill amortised was Rs 7,000 and gain on sale of machinery was Rs 3,000. Other information available to you ( changes in the value of current assets and current liabilities) are trade receivables showed an increase of Rs 3,000; trade payables an increase of Rs 6,000; prepaid expenses an increase of Rs 200; and outstanding expenses a decrease of Rs 2,000. Ascertain cash flow from operating activities.
In a given year, Irish Company decreased its inventory by P250,000, purchased P350,000 worth of fixed assets and took on a new P50,000 loan. What is the net change of Irish Company's cash as a result of these transactions? * A. -P400,000 B. P100,000 C 400,000 D. -P100,000
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 £8,500Stock: decrease by £5,200Creditors: increase by £7,800 What is the net cash from operating activities? a) £137,200 b) £104,600 c) £112,400 d) £120,200
Deity Company had sales of P30,000, increase in accounts payable of P5,000, decrease in accounts receivable of P4,000, increase in inventories of P4,000, and depreciation expense of P4,000. What was the cash collected from customers? * a. P31,000 b. P35,000 c. P34,000 d.P25,000
A business has made a profit of £4,000 but its bank balance has fallen by £2,500. This could be due to A depreciation of £1,500 and an increase in stock of £5,000 B depreciation of £3,000 and the repayment of a loan of £3,500 C depreciation of £6,000 and the purchase of new fixed assets for £12,500 D the disposal of a fixed asset for £65,000 less than its book value
USA Inc. had gross sales of $925,000. The cost of goods sold and selling expenses were $490,00 and $220, 000 respectively. International also had notes payable with an interest of 4%. Depreciation was $120,000. The tax rate at the time was 21%. a. What is the company's net income? Show work and briefly discuss. b.What is the company's operating cash flow? Show work and briefly discuss.
Jordan Inc has the following balance sheet and income statement data: Cash Receivables Inventories Total CA Net fixed assets Total assets Sales Net income c. 29.86% d. 25.04% $14,000 70,000 280,000 $364,000 126,000 $490,000 $280,000 21,000 e. 24.08% Accounts payable Other current liabilities Total CL The new CFO thinks that inventories are excessive and could be lowered sufficiently to cause the current ratio to equal the industry average, 2.15, without affecting either sales or net income. Assuming that inventories are sold off and not replaced to get the current ratio to the target level, and that the funds generated are used to buy back common stock at book value, by how much would the ROE change? Do not round your intermediate calculations. a. 29.38% b. 19.50% Long-term debt Common equity Total liab. and equity $42,000 28,000 $70,000 140,000 280,000 $490,000