Multiple Choice
Olly Limited undertook the following transactions during the year ended 30 November 2019:
Issued 20,000 new shares at a price of £1.50 per share.
Made £6,000 of repayments on the business loan.
Received dividends of £1,000 from Molly Limited.
Paid loan interest of £750.
Paid dividends of £10,000.
Received £500 bank interest.
Paid overdraft interest of £125.
What is Olly Limited's net cash inflow from financing activities for the year ended 30 November 2019?
A) £3,125
B) £13,125
C) £13,625
D) £14,625
Correct Answer:

Verified
Correct Answer:
Verified
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