Answer :
Answer:Relevant financial information for Harmer Plc at 30 April, 2024 and 2023, is presented to the right, in pound000s. Required: Prepare the 'cash flows from operating activities' section of the company's statement of cash flows for the year ended 30 April comma 2024. 2024 2023 £ £ Inventories 630 750 Trade receivables 6,195 5,900 Trade payables 2,268 2,700 Depreciation charged in the year 1,399 1,049 Profit before taxation (after interest) for the year 14,800 9,620 Question content area bottom Part 1 First, fill in the heading for the statement of cash flows (even though you are only completing the first part of the statement). (Complete the necessary drop downs.) Part 2 Next, enter the relevant profit before tax (after interest) figure. (Complete the necessary drop downs. Enter your answers as whole number.) Cash flows from operating activities Part 3 Next, adjust the profit before tax (after interest) for the effect that depreciation has on cash flows. (Complete the necessary drop downs. Enter your answers as whole number.) Profit before tax (after interest) for the year ended 30 April, 2024 as above
Step-by-step explanation:
Relevant financial information for Harmer Plc at 30 April, 2024 and 2023, is presented to the right, in pound000s. Required: Prepare the 'cash flows from operating activities' section of the company's statement of cash flows for the year ended 30 April comma 2024. 2024 2023 £ £ Inventories 630 750 Trade receivables 6,195 5,900 Trade payables 2,268 2,700 Depreciation charged in the year 1,399 1,049 Profit before taxation (after interest) for the year 14,800 9,620 Question content area bottom Part 1 First, fill in the heading for the statement of cash flows (even though you are only completing the first part of the statement). (Complete the necessary drop downs.) Part 2 Next, enter the relevant profit before tax (after interest) figure. (Complete the necessary drop downs. Enter your answers as whole number.) Cash flows from operating activities Part 3 Next, adjust the profit before tax (after interest) for the effect that depreciation has on cash flows. (Complete the necessary drop downs. Enter your answers as whole number.) Profit before tax (after interest) for the year ended 30 April, 2024 as above