Accounting II: Homework 1 1. What is the purpose of preparing a cash flow statem

Accounting II: Homework 1 1. What is the purpose of preparing a cash flow statement? (3p) 2. The following financial information about the financial statements of Kahlenberg Ltd. are given: 2009 2010 Operating profit 253000000 240000000 Depreciation 28000
Accounting II: Homework 1 1. What is the purpose of preparing a cash flow statement? (3p) 2. The following financial information about the financial statements of Kahlenberg Ltd. are given: 2009 2010 Operating profit 253000000 240000000 Depreciation 28000000 32000000 Inventories at the end of 14000000 23000000 Trade receivables at the end of 45000000 39000000 Trade payables at the end of 62000000 63000000 Required: What is the cash generated from operations for Kahlenberg Ltd for 2010? (7p)
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