Question

dz. 22. Calculate Cash Flows from Investing Activities from the following
Information :
Particulars
31st March 31st March
2015
2014
nvestments in Land
10% Long Term Investments
Plant and Machinery
Goodwill
₹
16,00,000
2,50,000
3,00,000
80,000
₹
6,00,000
4,00,000
2,00,000
15,000
Additional information :
A machine costing 40,000 (depreciation provided thereon 12,000) was sold for
35,000. Depreciation charged during the year was 60,000.
(C.B.S.E. 2017, Comptt. Delhi)
[Ans. Net Cash used in Investing Activities 10,28,000.]
tes:
(i) It is assumed that investments were sold on 31st March, 2015.
(ii) In case it is assumed that investments were sold on 1st April
, 2014, interest would be
25,000 and Cash used in investing activities would be 10,43,000.
ooting​

Answer 1

Explanation:

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