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QUESTION 16 Tine Ltd has a trade receivables balance of 200,000 as at 31/12/99. On...

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QUESTION 16 Tine Ltd has a trade receivables balance of 200,000 as at 31/12/99. On the same day, the allowance for receivable balance showed a 30.000 value. The company has identified 40,000 as bad debts for the year. It is the company policy to maintain 10% of total trade receivables value as allowance for receivables at the year end. The provision for allowances for receivables would be? A L14,000 under provided B. 12.000 over provided C. 20,000 under provided D 14,000 aver provided B QUESTION 6 The following information from the financial statements of Munich plc for last year is available Issue of ordinary shares 171 Dividends received Interest paid Purchase of inventories Sale of warehouse facilities 10 Purchase of shares in major customer 114 What figure should appear in the statement of cash flows for net cash from investing activities? (Enter your answer as an integer, Show negative amounts with a minus sign) L 37 37 22 173 m

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