From the following summarized balance sheets of a company calculate cash flow from operating activities.
|
Liabilities |
2010 |
201 1 |
Assets |
2010 |
2011 |
|
Creditors |
20,000 |
25,000 |
Cash |
20,000 |
30,000 |
|
Bills Payable |
20,000 |
25,000 |
Investments |
40,000 |
30,000 |
|
Other Current Liabilities |
40,000 |
45,000 |
Stock |
30,000 |
45,000 |
|
6% Debentures |
60,000 |
80,000 |
Debtors |
30,000 |
40,000 |
|
Profit and Loss A/c |
90,000 |
1,10,000 |
Gross Block |
1,00,000 |
1,40,000 |
|
2,30,000 |
2,85,000 |
2,30,000 |
2,85,000 |