From the following particulars, calculate the Net Cash Flow from the Operating Activities of R Ltd for the year that ended on 31 March 2007:
|
Balance of Profit & Loss A/c: |
|
|
As on 31 March 2007 |
3,98,000 |
|
As on 31 March 2006 |
2,72,000 |
|
Appropriation of Profit for the year 2006–07: |
|
|
Transfer to General Reserve |
24,000 |
|
Proposed Dividend |
20,000 |
|
Expenses and losses for the year 2006–07: |
|
|
Interest on Debentures |
16,000 |
|
Depreciation on Fixed Assets |
18,000 |
|
Wages & Salaries |
37,000 |
|
Provision for Taxation |
40,000 |
|
Goodwill written off |
14,000 |
|
Loss on Sale of Machinery |
12,000 |
|
Incomes and gains for the year 2006–07: |
|
|
Profit on Sale of Furniture |
13,000 |
|
Income from Investment |
7,000 |
|
Expenses Paid during the year 2006–07: |
|
|
Interest on Debentures |
18,000 |
|
Wages & Salaries |
39,000 |
|
Income Tax (of which Rs. 3,000 for Non-operating Income) |
53,000 |
Balances of Current Assets and Current Liabilities were as follows:
|
As on 31 March 2006 (Rs.) |
As on 31 March 2007 (Rs.) |
|
|
Sundry Debtors |
34,000 |
62,000 |
|
Sundry Creditors |
31,000 |
48,000 |
|
Stock in Trade |
47,000 |
43,000 |
|
Bills Receivable |
9,000 |
7,000 |
|
Bills Payable |
8,000 |
3,000 |
|
Cash & Bank |
19,000 |
36,000 |
|
Accrued Income from Investment |
3,000 |
4,000 |