A sole trader business, Forby & Co., made an operating loss of £2200 in its financial year ended 30 April 20X2, after charging depreciation of £10 000. At 30 April 20X1, Forby's current assets (excluding cash) less current liabilities total (i.e.the total of inventory, trade receivables and trade payables) was £41 750.On 30 April 20X2 the equivalent total had decreased to £39 550.
What was Forby's net cash inflow or outflow from operating activities for the year ended 30 April 20X2?
A)£14 400 inflow
B)£5 600 outflow
C)£10 000 inflow
D)£5 600 inflow

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The Answer of A sole trader business, Forby & Co., made an operating loss of £2200 in its financial year ended 30 April 20X2, after charging depreciation of £10 000. At 30 April 20X1, Forby's current assets (excluding cash) less current liabilities total (i.e.the total of inventory, trade receivables and trade payables) was £41 750.On 30 April 20X2 the equivalent total had decreased to £39 550.
What was Forby's net cash inflow or outflow from operating activities for the year ended 30 April 20X2?
A)£14 400 inflow
B)£5 600 outflow
C)£10 000 inflow
D)£5 600 inflow

A Sole Trader Business, Forby & Co