Crows Plc's Books Show the Following Information for the Preparation

question 20

Multiple Choice

Crows Plc's books show the following information for the preparation of its statement of cash flows for the year ended 30 June 2014: $\begin{array}{|l|r|r|}\hline & 30 \text {-Jun-13 } & 30 \text {-Jun-14 } \\\hline \text { Accounts receivable } & 69000 & 8700 \\\hline \text { Allowance for doubtful debts } & 2400 & 3000 \\\hline \text { Prepaid rent } & 37200 & 24600 \\\hline \text { Accounts payable } & 58200 & 67200 \\\hline \text { Net profit for the year } & & 450000\\\hline\end{array}$ What is the amount of net cash from operating activities for the year ended 30 June 2014?

• A)£445 800
• B)£453 600
• C)£454 200
• D)£489 000

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Definitions:

Distressful Events

Incidents or situations that cause extreme anxiety, sorrow, or pain, potentially leading to significant psychological or physical impact.

Affiliation

The connection or association with a group, organization, or cause, often determined by shared interests, goals, or identities.

Complementarity Hypothesis

A theory suggesting that positive responses elicit positive reactions and negative responses elicit negative reactions during interpersonal interactions.

Balance

A state of equilibrium where different elements are in the correct proportions or positions, often used in physical, psychological, and socio-economic contexts.