Post Utme Summit University 2017 Accounting Question 29
Practice objective / multiple choice question 29 from the 2017 Post Utme Summit University Accounting examination.
A company uses the direct method to prepare its statement of cash flows. The following information is available for the year: Cash received from customers: ₦1,500,000 Cash paid to suppliers: ₦800,000 Cash paid to employees: ₦600,000 Cash paid for rent: ₦100,000 Cash paid for interest: ₦50,000 Calculate the net cash inflow from operating activities using the direct method.
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About This Question
This is Post Utme Summit University 2017 Accounting Question 29. It is one of the objective questions from the 2017 Post Utme Summit University Accounting examination.
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