Net cash flow from operating a 24N8 2 9KCECQuick LtdIncome statementRevenueCost of salesDistribution custAdmin expenseInterest RecevedInterst PaidProfit before taxTaxProfit after tax1276.50(907.00)369.50Assets.Non-current assestPPEintangible assetsinvestmentsCurrent assetsReceivablesShort-term investCash on handTotal Asset(62.50(13200)175.00Quick Ltdstatement of financial positionas at31 Dec12 50(37-50)150.00(20.00)80.002020Equity & LiabilitiesEquityShare capitalShare premium1901257519525coll1008050130Revolution reserveRelain EamingNow-current liabl201985152510012 5157.50.5474157545.59025LeanCurrent LiabTrade payables63.5Bank derdraft 42.5lax-60Total equityt hiab: 611Net cash flow from operacting59.54955474

The cash inflows and outflows that are directly connected to a business's main operating activities…

rrr 9 Quick Ltd Income statement Revenue Cost of sales Distribution cost Admin expense Interest Rocered Interst Paid Profit before tax Tax Profit after tax 1276.50 (907.00) 369.50 Assets Non-Current assest PPE in tangible assets investments Current assets Receivables (6250) (133 (0) 175-00 Short term invest. Cash on hand Total Asset Quick Ltd Statement of financial position as at 31 Dec 1250 (3750) 150:00 (7000) 80.00 Equity & Liabilites Equity Share capital Stare premian 2030 190 195 75 195 coll 100 50 130 2019 85 1525 100 63.5 42.5 12 5 51 157.5 Revolution reserve Relain Earning Now-current liabl Loan Current Liab Trade payables Bank derdraft lax Total equityt hiabi lell Net cash flow from operating 0.5 474 15 75 45.5 90 25 59.5 49 55

rrr 9 Quick Ltd Income statement Revenue Cost of sales Distribution cost Admin expense Interest Rocered Interst Paid Profit before tax Tax Profit after tax 1276.50 (907.00) 369.50 Assets Non-Current assest PPE in tangible assets investments Current assets Receivables (6250) (133 (0) 175-00 Short term invest. Cash on hand Total Asset Quick Ltd Statement of financial position as at 31 Dec 1250 (3750) 150:00 (7000) 80.00 Equity & Liabilites Equity Share capital Stare premian 2030 190 195 75 195 coll 100 50 130 2019 85 1525 100 63.5 42.5 12 5 51 157.5 Revolution reserve Relain Earning Now-current liabl Loan Current Liab Trade payables Bank derdraft lax Total equityt hiabi lell Net cash flow from operating 0.5 474 15 75 45.5 90 25 59.5 49 55

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 2RE: Refer to RE5-1. Prepare a single-step income statement for Brandt Corporation for the current year.

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