Home / Questions / The dividend paid during Year 2 was £25m. The retained earnings increased by £77m profit
The dividend paid during Year 2 was £25m. The retained earnings increased by £77m profit of the period and decreased by the amount of the dividend, £25m.
2 During Year 2 the company acquired property, plant and equipment costing £94m.
3 During Year 2 the company sold for scrap property, plant and equipment that had an original cost of £19m and accumulated depreciation of £9m. The proceeds of disposal were £2m.
4 Investments were sold during the year for cash proceeds of £30m. There were no purchases of investments.
Required:
1 Prepare a statement of cash flows using (a) the direct method or (b) the indirect method of calculating operating cash flow.
2 Write a comment on the cash flow of the period.
Dec 05 2019 View more View Less
What are the conditions required for money creation? In the Great Depression of the 1930s, many bank failures occurred in part because one or more of these conditions was...
Aug 09 2020If there is a surplus in the market, will firms tend to raise or lower prices? Explain your answer
Aug 20 2021Describe how you would precipitate(a) zinc carbonate from a solution of zinc nitrate.(b) copper(II) phosphate from a solution of copper(II) chloride.(c) barium sulfate fr...
Jul 18 20213) Generally, it is beneficial to keep strategies secret from shareholders, employees, creditors, suppliers and other stakeholders? Do you agree? Why? Or Why not? Provide...
Apr 20 2021Convert the polar equation to rectangular co-ordinates.
Jul 18 20211. Figure 21-A gives data for cutting speed and tool life. Determine the constants for the Taylor tool life equation for these data. What do you think the tool material m...
Jul 01 2020Tough DecisionsThis week’s lecture focused on problem solving and decision making. What are some of the toughest decisions you’ve had to make in your life? What technique...
Aug 08 2020Year Cash Flow0) â$ 17,4001) 9,7002) 8,6003) 5,100What is the profitability index for the set of cash flows if the relevant discount rate is 11 percent? (Do not round i...
Aug 18 2020Foraging behaviors that maximize the amount of energy gained per unit of time spent foraging (A) Are seen when defending very large territories for limited supply of fo...
Mar 21 2018A 30-liter cylinder is evacuated and filled with 5.00kg of a gas containing 10.0 mole% N_2O and the balance N_2. The gas temperature is 24degree C. Use the compressibilit...
Jul 31 2020