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Collie Limited Had the Following Cash Inflows During the Year

Question 3

Multiple Choice

Collie Limited had the following cash inflows during the year ended 30 June 2019:
Proceeds from the sale of investments of £200,000.
Proceeds from the issue of shares of £250,000.
Proceeds from the bond issue of £500,000.
Proceeds from the sale of property, plant and equipment of £50,000.
What is Collie Limited's total cash inflow from financing activities for the year ended 30 June 2019?


A) £250,000
B) £450,000
C) £750,000
D) £1,000,000

Correct Answer:

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