Question

Compute cash from operations from the following figures: (i) Profit for the year 2016-17 is a sum of Rs. 10,000 after providing for depreciation of Rs. 2,000. (ii) The current assets of the business for the year ended March 31, 2016 and 2017 are as follows: March 31, 2016 (Rs.) March 31, 2017 (Rs.) Trade Receivables 14,000 15,000 Provision for Doubtful Debts 1,000 1,200 Trade Payables 13,000 15,000 Inventories 5,000 8,000 Short-term Investments 10,000 12,000 Expenses payable 1,000 1,500 Prepaid Expenses 2,000 1,000 Accrued Income 3,000 4,000 Income received in advance 2,000 1,000

Answer 1

Answer:

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