Day: August 23, 2021

The following are extracts from the financial statements of a company for the two years ended 31 December 2019 and 2020.

What is the operating cash flow for the year ended 31 December 2020?

Select ONE answer:

1. £42,350
2. £43,050
3. £51,950
4. £61,650 

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct ==> £47,200 + £9,600 – (£32,990 – £30,000) – (£16,200 – £14,000) + (£10,340 – £10,000)
4. Not correct

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