The Following Information Is Provided for Unique Ltd for the Period

question 6

Multiple Choice

The following information is provided for Unique Ltd for the period ended 30 June 2015:
$$\begin{array} { | l | r | } \hline & \$ 0 \\\hline \text { Cost of goods sold for the year } & 930 \\\hline \text { Discounts received for early payment to suppliers } & 60 \\\hline \text { Opening balance of trade creditors } & 160 \\\hline \text { Closing balance of trade creditors } & 250 \\\hline \text { Opening balance of inventory } & 85 \\\hline \text { Closing balance of inventory } & 110 \\\hline \text { Sales for the year } & 1560 \\\hline \text { Discounts provided to customers for early payment } & 79 \\\hline \text { Doubtful debts expense } & 38 \\\hline \text { Opening balance of accounts receivable } & 100 \\\hline \text { Closing balance of accounts receivable } & 130 \\\hline \text { Bad debts expense } & 47 \\\hline \text { Opening balance of the provision for doubtful debts } & 115 \\\hline \text { Closing balance of the provision for doubtful debts } & 90 \\\hline \text { Opening balance dividends payable } & 120 \\\hline \text { Closing balance dividends payable } & 90 \\\hline \text { Dividends proposed } & 80 \\\hline\end{array}$$
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

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Definitions:

Genetic Basis

The foundation of traits, characteristics, and diseases as determined by the genetic information encoded in DNA.

Complex Traits

Traits that are influenced by multiple genes and often by environmental factors as well, showing continuous variation within a population.

Heritability

The percentage of variability in a specific characteristic within a population that is due to genetic inheritance.

Phenotypic Variation

The differences in appearance and behavior among individuals of the same species, due to genetic and environmental influences.