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Olly Limited Undertook the Following Transactions During the Year Ended

Question 4

Multiple Choice

Olly Limited undertook the following transactions during the year ended 30 November 2021:
?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 2021?


A) £3,125
B) £13,125
C) £13,625
D) £14,625

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