Neco 2017 Financial Accounting Question 38
Practice objective / multiple choice question 38 from the 2017 Neco Financial Accounting examination.
Beta Enterprises reported the following information for the year ended 31\,December\,2019 (all amounts in \u20A6\,000): Net profit after tax \(45\), Depreciation expense \(12\), Gain on sale of equipment \(5\), Increase in inventory \(8\), Decrease in trade receivables \(4\), Increase in trade payables \(6\), Tax paid \(10\). Using the indirect method, determine the net cash flow from operating activities.
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About This Question
This is Neco 2017 Financial Accounting Question 38. It is one of the objective questions from the 2017 Neco Financial Accounting examination.
Difficulty level: Hard .
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