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Rolta Engineering acquired a machine for Rs. 50 million 6 years back and depreciated Rs. 30 million during the last 6 years. Its current book
Rolta Engineering acquired a machine for Rs. 50 million 6 years back and depreciated Rs. 30 million during the last 6 years. Its current book value is Rs. 20 million. It sold the machine for Rs. 16 million. In preparing cash flow statement, Rolta will recognize: Rs. 4 million as cash outflow from operating activities. Rs. 20 million as cash outflow from financing activities. Rs. 16 million as cash inflow from investing activities. Rs. 16 million as cash inflow from investing activities and Rs. 4 million as cash outflow from operating activities
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