Homework Answers
Answers :
A. Cash receipts: 18+367-36= 349
( opening receivables + sales - closing)
B. Payout : 23+ 257- 9= 271
( opening payable+ COGS - Closing payables)
C. Capital expenditure
(Opening 150 - depreciation 37) =113
Closing net assets = 176-113= 63
D. Cash flow from operations
Net Cash recipts of 349 - net cogs 271 = 78
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