What is the net cash inflow from financing given the information in the table? ($300 interest is included in the loan repayments)
Receipts
$
Payments
Share issue
5,000
Loan repayments
2,200
Loan
9,000
Expense of share issue
500
The correct answer is: $11,600.
Inflows
Issue
Outflows
Share expenses
loan repayment, less interest (2,200 - 300)
$12,100 is incorrect. Share issue expenses are reported under financing.
$11,300 is incorrect. Loan interest repayments are included in the category Operating activities.
$7,100 is incorrect. $9,000 - ($2,200 - $300). This excludes the share issue and expenses of this issue.
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