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What is the net cash inflow from operating activities

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Reference no: EM132604249

A company reported the following information for a financial year:

Profit from ordinary activities before income tax expense   264,000

Income tax expense                                                     70,000

Depreciation expense                                                    24,000

Issue of shares                                                             120,000

Loan made to another company                                          24,000

Increase in accounts receivable                                            8,000

Decrease in inventories                                                       12,000

Cash received from loans receivable                                         4,000

Dividends paid                                                                     16,000

Question 1: What is the net cash inflow from operating activities?

Reference no: EM132604249

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