A company has the following payments and receipts during its accounting period. Calculate
The 'financing' cash flow figure for its statement of cash flows, issue of shares £1,030,000, debenture repaid £400,000, proceeds of a rights issue £630,000, share premium received £460,000, and interest paid £230,000.

Question

Quizplus · Accepted Answer

The financing cash flow is the sum of the issue of shares, proceeds of a rights issue, share premium received, and interest paid, minus the debenture repaid.£1,030,000 + £630,000 + £460,000 - £230,000 - £400,000 = £1,720,000

A Company Has the Following Payments and Receipts During Its