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The Following Information Is Provided for Unique Ltd for the Period

question 47

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The following information is provided for Unique Ltd for the period ended 30 June 2015: $0 Cost of goods sold for the year 930 Discounts received for early payment to suppliers 60 Opening balance of trade creditors 160 Closing balance of trade creditors 250 Opening balance of inventory 85 Closing balance of inventory 110 Sales for the year 1,560 Discounts provided to customers for early payment 79 Doubtful debts expense 38 Opening balance of accounts receivable 100 Closing balance of accounts receivable 130 Bad debts expense 47 Opening balance of the provision for doubtful debts 115 Closing balance of the provision for doubtful debts 90 Opening balance dividends payable 120 Closing balance dividends payable 80\begin{array}{|l|r|}\hline & \$ 0 \\\hline \text { Cost of goods sold for the year } & 930 \\\hline \text { Discounts received for early payment to suppliers } & 60 \\\hline \text { Opening balance of trade creditors } & 160 \\\hline \text { Closing balance of trade creditors } & 250 \\\hline \text { Opening balance of inventory } & 85 \\\hline \text { Closing balance of inventory } & 110 \\\hline\text { Sales for the year }&1,560\\\hline \text { Discounts provided to customers for early payment } & 79 \\\hline \text { Doubtful debts expense } & 38 \\\hline \text { Opening balance of accounts receivable } & 100 \\\hline \text { Closing balance of accounts receivable } & 130 \\\hline \text { Bad debts expense } & 47 \\\hline \text { Opening balance of the provision for doubtful debts } & 115 \\\hline \text { Closing balance of the provision for doubtful debts } & 90 \\\hline \text { Opening balance dividends payable } & 120 \\\hline \text { Closing balance dividends payable } & 80\\\hline\end{array} All transactions are in cash unless otherwise indicated.What is the net cash flow from operating activities for the period?


Definitions:

Norm Of Reciprocity

A social principle that suggests individuals should return favors and treat others as they have been treated, facilitating cooperation and social exchange.

Self-Perception Theory

The theory suggesting that individuals develop their attitudes and opinions by observing their own behavior and concluding what attitudes must have caused them.

Dissonance

A state of conflict or inconsistency between a person's beliefs, attitudes, or actions.

Norm Of Reciprocity

A social norm that dictates that a favor should be repaid in kind, fostering cooperation and social bonds.

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