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+--- Thread: plz check (/thread-plz-check)
plz check - darenatto - 04-27-2007
plz check my answer
QInformation from the Balance sheet of a company is as follows
31 august 2003 31 august 2002
stock 20,000 14,000
trade debtors 16,000 18,000
bank 12,000 10,000
48,000 42,000
trade creditors (14,000) (17,000)
34,000 25,000
company is preparing the cash flow statement for the year ended 31 august 2003.in relation to the items above,what should be the net adjustment to operating profit in order to determine the net cash flow from operating activities?
Adeduct $1,000
Bdeduct $2,000(my answer)
Cdeduct $7,000
Dadd back $1,000
- Schuaeb - 04-28-2007
C is the correct answer
- kamranACA - 04-30-2007
You have not mentioned description in front of two line items. One is given below the "bank" and other is given below the "Trade Creditors".
Plz mention so that answer could be judged.
Regards,
Kamran.
- darenatto - 04-30-2007
those r the sums