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accounting Question 3 (15 Marks) You are required to prepare the cash flow state

ID: 2446906 • Letter: A

Question

accounting


Question 3 (15 Marks) You are required to prepare the cash flow statement for the year ended 31 December 2013 based on the financial statements below. (15) Mapula Ltd Income statement for the year ended 31 December 2013 150 000 Sales Cost of goods Gross profit Expenses Selling expenses General & Admin expenses Depreciation Operating expenses Interest expense (117 500) 32 500 4 500 (4 000) 4 000 20 000 (2500) Net profit before tax Taxes 17 500 7 000 10 500 Net profit after tax Mapula Ltd Balance sheet for the year ended 31 December 2013 Assets Net fixed assets 20 000 42 000 (22 000) 22 000 40 000 (18 000) Gross fixed assets . Accumulated depreciation Current Assets 21 000 39 000 27 000 109 000 24 000 an Account receivable 45 000 30 000 119 000 Inventory Equity & Liabilities Retained earnings Total Assets 1 000 4 000 28 000 1 000 4 000 24 000 Ordinary shares Share premium Non current liabilities Current Liabilities 10 000 10 000 Long term loans 30 000 ccounts payable Notes payable Accruals 25 000 50 000 1 000 40 000 2 000 109 000 119 000 Total equity&Liabilities; cl es gross Fiked asset

Explanation / Answer

Express the principal shear stress along the xy plane.

Here, the principal shear stress along the xy plane is .

Substitute for and for .

Hence, the principal shear stress along yz plane is .