Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Previously searched by you
Previously searched by you
logo
  • Financial Reporting And Analysis
  • Financial Reporting and Analysis
To add items to your wishlist, you must be logged in
Exam (elaborations)

Financial Reporting and Analysis Supp Memo()

Rating
-
Sold
3
Pages
8
Grade
A+
Uploaded on
08-01-2022
Written in
2021/2022

MANCOSA Financial Reporting and Analysis Supp Memo for the 12th of January 2021

Institution
Financial Reporting And Analysis
Course
Financial Reporting and Analysis

Content preview

FINANCIAL REPORTING AND ANALYSIS
JANUARY 2021

MEMORANDUM




PREPARED BY: MTHOMBENI
0767297208

, QUESTION 1 (20 Marks)


UMHLALI LIMITED
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020
Cash flows from operating activities
Profit before interest and tax/Operating profit 284800
Adjustments to convert to cash from operations
Add: Depreciation 30000
Profit before working capital changes 314800
Working capital changes 114000
Inventory (250000-120000) 130000
Accounts receivable (64000-40000) 24000
Accounts payable (138000-98000) (40000)
Cash generated from operations 428800
Interest paid (24000)
Dividends paid (56000+57000) (113000)
Company tax paid (6000+90240-8600) (87640)
204160
Cash flows from investing activities (50160)
Non-current assets purchased (30000+144000+2464160-2444000) (194160)
Proceeds from sale of fixed asset 144000


Cash flows from financing activities 20000
Proceeds from issue of shares (2180000-1760000) 420000
Loan redeemed (600000-200000) (400000)
Net increase (decrease) in cash and cash equivalents 174000
Cash and cash equivalents at beginning of year 22000
Cash and cash equivalents at end of year 196000




1
Report Copyright Violation

Written for

Institution
Financial Reporting and Analysis
Course
Financial Reporting and Analysis

Document information

Uploaded on
January 8, 2022
Number of pages
8
Written in
2021/2022
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • financial reporting and analysis
$6.36
Get access to the full document:
Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF
Get to know the seller
Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
TheTeachingMachine
4.5
(205)

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
TheTeachingMachine University of Johannesburg
View profile
Follow You need to be logged in order to follow users or courses
Sold
1153
Member since
5 year
Number of followers
791
Documents
98
Last sold
6 months ago

4.5

205 reviews

5
153
4
28
3
11
2
5
1
8

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Learn more Create citation
Working on your references?

Frequently asked questions