Flogemoff had a cash flow from operations of £48000 and during the year bought fixed assets for £42000, introduced £21000 in new equity capital, sold assets with a carrying value of £36000 resulting in a paper loss of £6000. What was the net cash flow ?
A) £27000
B) £57000
C) £63000
D) £69000

Question

Quizplus · Accepted Answer

Net cash flow = Cash flow from operations - Cash outflows + Cash inflows
= £48000 - £42000 + (£21000 - £36000) = £57000

Flogemoff Had a Cash Flow from Operations of £48000 and During