D.K. Ltd. provides you the following information Non-Current Investments as on 31-3-2022 ₹ 1,20,000
D.K. Ltd. provides you the following information:
Non-Current Investments as on 31-3-2022 | ₹ 1,20,000 |
Non-Current Investments as on 31-3-2023 | ₹ 40,000 |
During the year 2023, the company sold 80% of its original investments at a profit of 20% on book value. Calculate sources and uses of cash.
[Ans. Sources ₹ 1,15,200; uses ₹ 16,000.]
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