Brett Limited Had a Net Profit After Tax of $850 $\bullet$

question 9

Multiple Choice

Brett Limited had a net profit after tax of $850 000 for the financial year. Included in this profit was:
$\bullet$ Depreciation expense of $120 000
$\bullet$ Gain on disposal of investments of $28 000
Also, Trade Receivables increased by $39 000 and Inventories decreased by $12 000. The cash flow from operating activities during the year was:

• A) $731 000;
• B) $785 000;
• C) $915 000;
• D) $969 000.

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Definitions:

X Scores

Often refers to the values of observations or data points in a dataset, particularly in the context of variables or scores on a test.

Independent Variable

The variable in an experiment or study that is manipulated or changed by the researcher to observe its effects on the dependent variable.

Predicted Variable

The outcome variable whose values are forecasted or estimated in regression analysis.

Outcome Variable

The variable that is being measured or observed in a study to determine the effects of the independent variable; also known as the dependent variable.