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Question : 1. Identify the correct sequence of the following steps involved in calculating cash flows from operating activities of a company :

(A) Operating profit before working capital changes

(B) Cash generated from operations

(C) Income tax paid

(D) Net cash flow from operating activities

(E) Goodwill amortised

Choose the correct answer from the options given below:

 

Option 1:  (E), (C), (D), (A), (B)

 

Option 2:  (E), (A), (D), (B), (C)

 

Option 3:  (E), (A), (B), (C), (D)

 

Option 4: (A), (B), (C), (D), (E)