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p (Cash flows from Investing Activities ) : From the following information relating to David Ltd., calculate cash flows from/used in investing activities for the
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(Cash flows from Investing Activities ) : From the following information relating to David Ltd., calculate cash flows from/used in investing activities for the period ended March 31, 2015: Purchased Sold During 2014-15 During 2014-15 Machinery 5,00,000 1,00,000 Building 10,00,000 Investment 50,000 70,000 Goodwill 70,000 Patents and Trademarks 1,00,000 20,000 Other Information (i) In the past, the company had purchased a building in the prime location. The building was let out and rent received during the year 2014-15 $ 50,000. Interest received on debentures held as investment $ 10,000 (iii) Interest paid on Debentures issued by the company during the year 2014-15 $ 25,000. Dividend paid during the year 2014-15 $ 50,000. (iv) (v) Dividend received during the year 2014-15 $ 18,000Step by Step Solution
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