Extract from the financial statements fo Hamilton are set out below:
Income statement for the year ended 31 December
| Revenue | 800,000 |
| Cost of Sales | 640,000 |
| Gross Profit | 160,000 |
| Profit on sale of non-currnet assets | 64,000 |
| 224,000 | |
| Expenses | 56,000 |
| Depreciation | 40,000 |
| Net Profit | 128,000 |
| Net Current Asset Opening | 96,000 |
| Net Current Asset Closing | 120,000 |
What is the figure in the statement of cash flow of Hamilton for the year ended 31 December in respect of net cash flow from operating activities?
Suggested solutions:
| Net Profit | 128,000 |
| Add Depreciation | 40,000 |
| Minus profit on sales of non-current assets | (64,000) |
| Miuns Increase in current assets | (24,000) |
| Answer | 80,000 |
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2015 ACCA F3 OPERATING CASH FLOW