Information extracted from the statement of profit or loss of Cee and Co for the year ended 31 March 20X6 is as follows: The net change in current assets (excluding cash) less current liabilities (inventory, trade receivables and trade payables) for the year was a cash outflow of £2800.What was the net cash outflow from operating activities?
A)£7200
B)£24 800
C)£12 800
D)£15 800

Question

Information extracted from the statement of profit or loss of Cee and Co for the year ended 31 March 20X6 is as follows:  The net change in current assets (excluding cash) less current liabilities (inventory, trade receivables and trade payables) for the year was a cash outflow of £2800.What was the net cash outflow from operating activities?
A)£7200 
B)£24 800 
C)£12 800 
D)£15 800

Quizplus · Accepted Answer

The Answer of Information extracted from the statement of profit or loss of Cee and Co for the year ended 31 March 20X6 is as follows:  The net change in current assets (excluding cash) less current liabilities (inventory, trade receivables and trade payables) for the year was a cash outflow of £2800.What was the net cash outflow from operating activities?
A)£7200 
B)£24 800 
C)£12 800 
D)£15 800

Information Extracted from the Statement of Profit or Loss of Cee