Waec Model Questions Vol1 2019 Financial Accounting Question 2
Practice objective / multiple choice question 2 from the 2019 Waec Model Questions Vol1 Financial Accounting examination.
A company reported the following information for the year: - Profit before tax (PBT): ₦250,000 - Depreciation expense: ₦45,000 - Gain on sale of equipment: ₦10,000 - Trade receivables increased by ₦20,000 - Inventories decreased by ₦15,000 - Trade payables increased by ₦12,000 - Tax paid during the year: ₦60,000 - Interest paid during the year: ₦8,000 - Dividend paid: ₦30,000 (financing activity) Using the indirect method, calculate the net cash provided by operating activities.
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About This Question
This is Waec Model Questions Vol1 2019 Financial Accounting Question 2. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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