Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(A) From the following information calculate cash flow from investing activities: Particulars 31.03.2014 Rs. 31.03.2015 Rs. he Machinery (at Cost) Accumulated Depreciation Patents Goodwill Investment

image text in transcribed

(A) From the following information calculate cash flow from investing activities: Particulars 31.03.2014 Rs. 31.03.2015 Rs. he Machinery (at Cost) Accumulated Depreciation Patents Goodwill Investment 5,00,000 1,00,000 2,00,000 1,50,000 2,50,000 5,50,000 1,20,000 1,20,000 1,00,000 5,00,000 Additional Information During the year, a machine costing Rs. 50,000 with its accumulated depreciation of Rs. 25,000 was sold for Rs. 20,000. Patents were written off to the extent of Rs. 60,000 and some patents were sold at a profit of Rs. 10,000. C) 40% of the investments held in the beginning of the year were sold at 10% Profit. Interest received on investment Rs. 25,500. e) Dividend received on investment Rs. 8,500. Rent received Rs. 5,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Of Sport Management

Authors: John Beech, Simon Chadwick

2nd Edition

027372133X, 9780273721338

More Books

Students also viewed these Accounting questions

Question

Name three healthy eating habits and three healthy exercise habits.

Answered: 1 week ago