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The Following Information Is Provided for Unique Ltd for the Period

question 3

Multiple Choice

The following information is provided for Unique Ltd for the period ended 30 June 2005:
The following information is provided for Unique Ltd for the period ended 30 June 2005:   All transactions are in cash unless otherwise indicated. What is the net cash flow from operating activities for the period? A)  Net cash inflow $596 00 B)  Net cash inflow $426,000 C)  Net cash inflow $536,000 D)  Net cash inflow $486,000 E)  None of the given answers.
All transactions are in cash unless otherwise indicated. What is the net cash flow from operating activities for the period?


Definitions:

Net Book Value

The value of an asset after accounting for depreciation or amortization, representing its residual value on the balance sheet.

Double Declining-Balance Depreciation

A method of accelerated depreciation that doubles the straight-line rate of depreciation.

Estimated Residual Value

The projected value of an asset at the end of its useful life, used in calculating depreciation.

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