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Solve company xl net cash inflow from operations

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Reference no: EM132976782

For the last financial year Company XL made an operating profit of £476 million.During the last financial year:

  1. The amount owed to Company XL by the company's trade debtors decreased from £44 million to £40 million.
  2. The amount owed by Company XL to the company's trade creditors increased from £77 million to £98 million.
  3. The book value of inventory owned by Company XL increased from £106 million to £124 million.

Problem 1: Calculate Company XL's net cash inflow from operations for the last financial year.

Reference no: EM132976782

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