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Boris Limited Has the Following Figures in the Financial Statements

Question 3

Multiple Choice

Boris Limited has the following figures in the financial statements for the year ended 31 December 2019:
20192018££ Operating profit 110,000130,000 Profit on disposal of property 20,0005,000 Depreciation charged in year 65,00062,000 Inventories 75,00070,000 Trade receivables 92,00085,000 Trade payables 88,000100,000\begin{array}{|l|r|r|}\hline & 2019 & {2018} \\\hline & £ & £ \\\hline \text { Operating profit } & 110,000 & 130,000 \\\hline \text { Profit on disposal of property } & 20,000 & 5,000 \\\hline \text { Depreciation charged in year } & 65,000 & 62,000 \\\hline \text { Inventories } & 75,000 & 70,000 \\\hline \text { Trade receivables } & 92,000 & 85,000 \\\hline \text { Trade payables } & 88,000 & 100,000 \\\hline\end{array} What is Boris Limited's cash inflow from operating activities for the year ended 31 December 2019 using the indirect method?


A) £131,000
B) £155,000
C) £169,000
D) £179,000

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