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Profit 90,000; stock up 12,000, creditors up 7,000, debtors down 4,000. Operating cash?
A89,000
B91,000
C99,000
D81,000
Answer & Solution
Correct answer: A. 89,000
90,000 - 12,000 (stock rise) + 7,000 (creditors rise) + 4,000 (debtors fall) = 89,000.
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