Mathematics · Fund Flow Statement
In a Fund Flow Statement, the following were identified: Funds from Operations: 500,000 Issue of Share Capital: 200,000 Sale of Old Machinery: 50,000 Purchase of Land: 400,000 Redemption of Preference Shares: 100,000 Payment of Dividend: 50,000 If there were no other transactions, what is the net change in working capital?
- 1Decrease of 300,000
- 2Increase of 300,000
- 3Decrease of 200,000
- 4Increase of 200,000✓
Correct answer
Increase of 200,000
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