04-12-2007, 07:36 PM
Q5The following information was extracted from the balance sheet of Z ltd at 31 dec 2002
2002 2001
stock $ 100,000 $140,000
debtors 150,000 130,000
trade creditors 125,000 115,000
other creditors 60,000 75,000
what figure should appear as part of the cash flow statement for the year ended 31 dec 2002?
SUGGESTED ANSWER
2002
(Increase)/decrease in current assets
stock 40,000$
debtors (20,000$)
Increase/(decrease) in current liabilities
trade creditors 10,000$
other creditors (15,000$)
NET CASH FLOW = 15,000$
THERE WOULD BE A POSITIVE CASH FLOW OF 15,000$ IN CASH FLOW STATEMENT.
2002 2001
stock $ 100,000 $140,000
debtors 150,000 130,000
trade creditors 125,000 115,000
other creditors 60,000 75,000
what figure should appear as part of the cash flow statement for the year ended 31 dec 2002?
SUGGESTED ANSWER
2002
(Increase)/decrease in current assets
stock 40,000$
debtors (20,000$)
Increase/(decrease) in current liabilities
trade creditors 10,000$
other creditors (15,000$)
NET CASH FLOW = 15,000$
THERE WOULD BE A POSITIVE CASH FLOW OF 15,000$ IN CASH FLOW STATEMENT.
