From the following information, determine Cash Flow from Investing Activities of Mercury Ltd
From the following information, determine Cash Flow from Investing Activities of Mercury Ltd:
| Particulars | 31st March, 2023 (₹) | 31st March, 2022 (₹) |
|
Investment @ 10% Fixed Assets |
10,00,000 23,80,000 |
5,00,000 1 9,50,000 |
Additional Information:
- Half of the investments held in the beginning of the year were sold at 10% profit.
- Depreciation on Fixed Assets was ₹ 2,00,000 for the year.
- Interest received on investments – ₹ 70,000.
- Dividend received on investments – ₹ 30,000.
- Rent received – ₹ 20,000.
Anurag Pathak Changed status to publish November 28, 2023
