Flogemoff Had a Cash Flow from Operations of £48000 and During

question 15

Multiple Choice

Flogemoff had a cash flow from operations of £48000 and during the year bought fixed assets for £42000, introduced £21000 in new equity capital, sold assets with a carrying value of £36000 resulting in a paper loss of £6000. What was the net cash flow ?

• A) £27000
• B) £57000
• C) £63000
• D) £69000

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Definitions:

Shift Left

A decrease in the supply or demand of a product in a market diagram, typically resulting in a lower equilibrium quantity and potentially a higher or lower equilibrium price.

Demand

The quantity of a good or service consumers are willing and able to purchase at various prices.

Normal Good

a good for which demand increases as the income of consumers increases and falls when their income decreases, assuming all other factors are constant.

Income Level

The amount of monetary or material wealth that an individual, family, or group receives, usually quantified on an annual basis.