Crows Plc's books show the following information for the preparation of its statement of cash flows for the year ended 30 June 2014: $\begin{array}{|l|r|r|}
\hline & 30 \text {-Jun-13 } & 30 \text {-Jun-14 } \
\hline \text { Accounts receivable } & 69000 & 8700 \
\hline \text { Allowance for doubtful debts } & 2400 & 3000 \\hline \text { Prepaid rent } & 37200 & 24600 \
\hline \text { Accounts payable } & 58200 & 67200 \
\hline \text { Net profit for the year } & & 450000\
\hline
\end{array}$ What is the amount of net cash from operating activities for the year ended 30 June 2014?
A)£445 800
B)£453 600
C)£454 200
D)£489 000

Question

Quizplus · Accepted Answer

The Answer of Crows Plc's books show the following information for the preparation of its statement of cash flows for the year ended 30 June 2014: $\begin{array}{|l|r|r|}
\hline & 30 \text {-Jun-13 } & 30 \text {-Jun-14 } \
\hline \text { Accounts receivable } & 69000 & 8700 \
\hline \text { Allowance for doubtful debts } & 2400 & 3000 \\hline \text { Prepaid rent } & 37200 & 24600 \
\hline \text { Accounts payable } & 58200 & 67200 \
\hline \text { Net profit for the year } & & 450000\
\hline
\end{array}$ What is the amount of net cash from operating activities for the year ended 30 June 2014?
A)£445 800
B)£453 600
C)£454 200
D)£489 000

Crows Plc's Books Show the Following Information for the Preparation