The Net Profit Reported on the Income Statement for the Current

question 11

Multiple Choice

The net profit reported on the income statement for the current year was $50 000.Depreciation on property,plant and equipment and amortisation of goodwill were $30 000 and $1000 respectively.What is the amount of cash flows from operating activities that would appear on the statement of cash flows prepared using the indirect method?

• A) $19 000
• B) $49 000
• C) $81 000
• D) $80 000.

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Definitions:

Sideways

In the context of chemistry or physics, this term does not have a specific technical meaning. NO.

Carbon-Carbon

Refers to bonds between carbon atoms, fundamental in organic chemistry, forming the backbone of organic molecules.

σ Bonds

The strongest type of covalent chemical bond formed by the head-on overlap of atomic orbitals, featuring a symmetrical distribution of electron density along the axis of the bond.

Pi Bonds

Covalent chemical bonds formed by the side-by-side overlap of p-orbitals, allowing electron density to be shared in regions above and below the bond axis.