Andreas Limited has the following figures in the financial statements for the year ended 30 November 2021:
$$\begin{array} { | l | c | c | }
\hline & \mathbf { 2 0 2 1 } & \mathbf { 2 0 2 0 } \
\hline & \mathbf { E } & \mathbf { E } \
\hline \text { Dperating profit } & \mathbf { 4 2 } , 000 & \mathbf { 3 5 } , 000 \
\hline \text { Depreciationcharged in year } & \mathbf { 2 8 , 0 0 0 } & \mathbf { 2 5 , 0 0 0 } \
\hline \text { Irvertaries } & \mathbf { 3 5 } , 000 & 40,000 \
\hline \text { Trade receivables } & \mathbf { 2 9 , 0 0 0 } & \mathbf { 3 2 , 0 0 0 } \
\hline \text { Trade payables } & \mathbf { 2 5 } , 000 & 19,000 \
\hline
\end{array}$$ What is Andreas Limited's cash inflow from operating activities for the year ended 30 November 2021 using the indirect method?

Question

Andreas Limited has the following figures in the financial statements for the year ended 30 November 2021:
$$\begin{array} { | l | c | c | } 
\hline & \mathbf { 2 0 2 1 } & \mathbf { 2 0 2 0 } \
\hline & \mathbf { E } & \mathbf { E } \
\hline \text { Dperating profit } & \mathbf { 4 2 } , 000 & \mathbf { 3 5 } , 000 \
\hline \text { Depreciationcharged in year } & \mathbf { 2 8 , 0 0 0 } & \mathbf { 2 5 , 0 0 0 } \
\hline \text { Irvertaries } & \mathbf { 3 5 } , 000 & 40,000 \
\hline \text { Trade receivables } & \mathbf { 2 9 , 0 0 0 } & \mathbf { 3 2 , 0 0 0 } \
\hline \text { Trade payables } & \mathbf { 2 5 } , 000 & 19,000 \
\hline
\end{array}$$ What is Andreas Limited's cash inflow from operating activities for the year ended 30 November 2021 using the indirect method?

Quizplus · Accepted Answer

The Answer is D

Andreas Limited Has the Following Figures in the Financial Statements