Y Ltd. reported a net profit …
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Y Ltd. reported a net profit after tax of `3,10,000 for the year ended 31st March 2016. The relevant items
of Balance Sheet appeared as follows:
31.03.2015 31.03.2016
Inventories 4,50,000 3,90,000
Trade Receivables 1,50,000 2,20,000
Trade Payables 60,000 80,000
Prepaid Expenses 4,000 10,000
Goodwill 40,000 30,000
Provision for Tax 30,000 22,000
Following item appeared on the Profit & Loss Statement for the year ended 31st March, 2016:
(i) Bad Debts written off during the year `10,000.
(ii) Depreciation on Fixed assets charged during the year `34,000.
Calculate the net cash flow from Operating Activities.
BUSINESS STUDIES (05
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