n Professional Accountant - Critical thinking : analysing cash flow for a new company

Volume 2009 Number 1
  • ISSN : 1680-7537


Extracted from text ... \31 September 2006 In this case study the accounting scholar's critical thinking skills are challenged. Accordingly, time has been allowed for readers to ponder the answer, which will be provided in next month's issue. ANALYSING CASH FLOW FOR A NEW COMPANY Optum Sports Ltd was formed in September of the previous financial year. The company designs, contracts for the manufacture of, and markets a line of men's sports equipment. A part of Optum's statement of cash flow for the year ended 31 December is as follows: Current year Cash flow from operating activities R Net income (460, 089) Depreciation 3, ..

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