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Barry Limited Has the Following Figures in the Financial Statements

Question 20

Multiple Choice

Barry Limited has the following figures in the financial statements for the year ended 31 March 2019:
20192018££ Operating profit 225,000200,000 Loss on disposal of property 15,000 Nil  Depreciation charged in year 115,000130,000 Inventories 175,000158,000 Trade receivables 238,000252,000 Trade payables 365,000342,000\begin{array}{|l|r|r|}\hline & {2019} & {2018} \\\hline & £ & £ \\\hline \text { Operating profit } & 225,000 & 200,000 \\\hline \text { Loss on disposal of property } & 15,000 & \text { Nil } \\\hline \text { Depreciation charged in year } & 115,000 & 130,000 \\\hline \text { Inventories } & 175,000 & 158,000 \\\hline \text { Trade receivables } & 238,000 & 252,000 \\\hline \text { Trade payables } & 365,000 & 342,000 \\\hline\end{array} What is Barry Limited's cash inflow from operating activities for the year ended 31 March 2019 using the indirect method?


A) £271,000
B) £317,000
C) £347,000
D) £375,000

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