Borrowit had a cash flow from operations of £56000 and during the year bought fixed assets for £84000, introduced £42000 new equity capital, took out a new loan and had a net cash flow of £36000. What was the amount of the new loan ?
A) £8000
B) £36000
C) £50000
D) £92000

Question

Quizplus · Accepted Answer

The Answer of Borrowit had a cash flow from operations of £56000 and during the year bought fixed assets for £84000, introduced £42000 new equity capital, took out a new loan and had a net cash flow of £36000. What was the amount of the new loan ?
A) £8000
B) £36000
C) £50000
D) £92000

Borrowit Had a Cash Flow from Operations of £56000 and During