Extracts from Sabrina's statements of financial position at 31 August 20X6 and 20X5 show the following: Operating profit for the year ended 31 August 20X6 was £18 000, and depreciation charged for the year was £6250.
What was the net cash inflow from operating activities for inclusion in the statement of cash flows for the year ended 31 August 20X6?
A) £9750
B) £26 250
C) £26 650
D) £22 250
Correct Answer:
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