Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The cost of non-current assets as at 1 January 2019 was 765,400 and the written down value was 456,903. As at 31 December 2019 the
The cost of non-current assets as at 1 January 2019 was 765,400 and the written down value was 456,903. As at 31 December 2019 the cost was 921,900. An asset which cost 45,000jin 2016 had been disposed of during the year ended 31 December 2019 for zero proceeds. What was the cash outflow from investing activities during the year ended 31 December 2019? 201,500 188,000 156,500 170,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started