Sorlane's balance sheets: inventories 480,000 then 455,000; trade receivables 612,000 then 698,000; prepayments 24,000 then 31,000; trade payables 377,000 then 352,000. Profit 356,000, depreciation 147,000. Compute the net working capital effect (negative if an outflow) and net operating cash flow.
- Opening inventories
- 480,000
- Closing inventories
- 455,000
- Opening receivables
- 612,000
- Closing receivables
- 698,000
- Opening prepayments
- 24,000
- Closing prepayments
- 31,000
- Opening payables
- 377,000
- Closing payables
- 352,000
- Profit
- 356,000
- Depreciation
- 147,000