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What amount of cash has generated from operating activities

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Reference no: EM132854963

Question - You ascertain the following information in respect of Olsen Ltd relating to its year ended 31 December 2020:

£

Operating profit 452,000

Depreciation expense 103,000

Profit on disposal of non-current assets 18,000

Increase in inventories 46,000

Decrease in receivables 27,000

Increase in payables 39,000

Based solely on the above information, what amount of cash has been generated from operating activities according to the Statement of Cash Flows?

Reference no: EM132854963

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