Information extracted from the statement of profit or loss of Dee and Co for the year ended 31 December 20X8 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 inflow of £3300.What was the net cash inflow from operating activities?
A)£27 400
B)£9600
C)£26 000
D)£29 000

Question

Information extracted from the statement of profit or loss of Dee and Co for the year ended 31 December 20X8 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 inflow of £3300.What was the net cash inflow from operating activities?
A)£27 400 
B)£9600 
C)£26 000 
D)£29 000

Quizplus · Accepted Answer

The Answer of Information extracted from the statement of profit or loss of Dee and Co for the year ended 31 December 20X8 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 inflow of £3300.What was the net cash inflow from operating activities?
A)£27 400 
B)£9600 
C)£26 000 
D)£29 000

Information Extracted from the Statement of Profit or Loss of Dee