题目内容

An extract from the statement of cash flows for the year ended 31 December 20X7 for Top Trades Co is presented as follows: $'000 Net cash from operating activities 995 Net cash used in investing activities (540) Net cash used in financing activities (200) Net increase in cash and cash equivalents 255 Cash and cash equivalents at the beginning of the period 200 Cash and cash equivalents at the end of the period 455 Which of the following statements is correct according to the extract of Top Trades Co's statement of cash flows?

A. The company has good working capital management
B. Net cash generated from financing activities has been used to fund the additions to non-current assets
C. Net cash generated from operating activities has been used to fund the additions to non-current assets
D. xisting non-current assets have been sold to cover the cost of the additions to non-current assets

查看答案

搜索结果不匹配？点我反馈

更多问题

What is the amount to be presented as the non-controlling interest in the consolidated statement of financial position of Rooney Co as at 31 December 20X6?

A. $1,895,000
B. $1,495,000
C. $1,910,000
D. $1,880,000

查看答案

When a bargain purchase is confirmed, how is it then recognised?

A. t is credited directly to retained earnings
B. t is credited to profit or loss
C. t is debited to profit or loss
D. t is deducted from positive goodwill

查看答案

On 30 September 20X7, extracts from the statements of financial position of the two companies were: Anita Co Binita Co $'000 $'000 Equity shares of $1 each 125 100 Retained earnings 300 150 Total 425 250 What is the total equity which should appear in Anita Co's consolidated statement of financial position as at 30 September 20X7?

A. $470,000
B. $345,000
C. $445,000
D. $370,000

查看答案

What is the correct figure for the carrying amount of the production equipment in Bash Co's statement of financial position as at 30 September 20X2?

A. $5,016,000
B. $6,270,000
C. $6,330,000
D. $6,360,000

查看答案