The Following Information Is Provided for Unique Ltd for the Period

question 47

Multiple Choice

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

• A)Net cash inflow $596 000
• B)Net cash inflow $426 000
• C)Net cash inflow $536 000
• D)Net cash inflow $486 000

---

Definitions:

Visual

Pertaining to sight or things that can be seen, often used in the context of graphical information or media.

You Attitude

A communication approach that focuses on the audience's needs and perspectives, often used to create a positive connection.

Demands

The needs or desires of consumers, clients, or the market that drive the supply and development of products or services.

Quality

The standard of something as measured against other things of a similar kind; a degree of excellence.