Net profit for the year is ₹ 2,00,000. During the period, Trade Payable decreased by ₹ 10,000, inventory increased by ₹ 6,000 and Trade Receivables increased by ₹ 15,000. The amount of cash flow from operating activities
CS Executive · Corporate and Management Accounting · PYQS · June 2024
Net profit for the year is ₹ 2,00,000. During the period, Trade Payable decreased by ₹ 10,000, inventory increased by ₹ 6,000 and Trade Receivables increased by ₹ 15,000. The amount of cash flow from operating activities using the indirect method will be :
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Financial Accounting
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