Q: Profit after tax = 20,000; No debt so no interest. Interest received = 5,000; Credit sales = 35,000; Expenses due but not paid = 10,000. Find FFO and CFO
Ramana On 2008-08-19 16:22:23 |
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Bibhav Behera: 2008-08-19 17:49:10 |
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| NOT TOO SURE, Plz Verify
Under Current Assets :
Credit sales=35000
Int Rec = 5000
Under Current Liabilities :
Profit 20000(???)
Expenses 10000
FFO=40000-30000=10000(???)
CFO=20000-35000-5000+10000=-10000 |
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