Exam (elaborations)
ACCOUNTING - FCA 57 Questions and Answers New Year Update 2024 Solved 100%
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A company has an operating profit of £12 million. If raw materials increased by £4 million, receivables decreased by £2 million and accounts payable increased by £2 million, the operating cash flow would be: - ️️Any increase in inventory: deduct from trading profit, the decrease in receivab...
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