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What is cash generated from operations for the year ended

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Question - Defoe Ltd made a profit before tax of £624,000 for the year ended 31 December 2021, after charging depreciation of £96,000. The following information was included in the statement of financial position as at 31 December 2021:

 

2020

2019

 

£000

£000

Inventories

520

470

Trade receivables

316

402

Trade payables

294

325

Required - What is cash generated from operations for the year ended 31 December 2021?

A. £725,000

B. £775,000

C. £967,000

D. £817,000

Reference no: EM133179087

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