500,000 3,00000
Ques 1. From the Following information of
NOVA Ltd. Calculate the Cashflow
From Investing activities.
Particular
31/3/2019 31/03/18
Machinery Cast cast]
Accumulated Deprecaition on Machinery 1,00.000 80.000
Goodwill 1,50,000 1,00,000
land 70,000 1,00,000
add : interest
During the year a machine Costing50,000 on which accumulated depreciation was
Sold for 12,000
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Answers
Answer:
Explanation:
Answer:
Cash used in the investing activities is 2,58,000.
Explanation:
In this question it is required to calculate the cash flow from the investing activities. The investing activities are those activities in transaction related to the purchase and sale of the assets are recorded. In this, the purchase of asset is treated as the outflow of the cash and the sale of the assets is treated as the cash inflow. When the cash outflow exceeds the cash inflow then it end balance is cash used in the investing activities. But when cash inflow exceeds the cash outflow then it is cash flow from investing activities. The calculation of cashflow is attached in the picture.
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