Calculate Cash Flows from Investing Activities from the following information Investments in Land ₹ 16,00,000
Calculate Cash Flows from Investing Activities from the following information:
Particulars | 31st March 2023 | 31st March 2022 |
Investments in Land | 16,00,000 | 6,00,000 |
10% Long Term Investments | 2,50,000 | 4,00,000 |
Plant and Machinery | 3,00,000 | 2,00,000 |
Goodwill | 80,000 | 15,000 |
Additional Information:
A machine costing ₹ 40,000 (depreciation provided thereon ₹ 12,000) was sold for ₹ 35,000. Depreciation charged during the year was ₹ 60,000.
[Ans. Net Cash used in Investing Activities ₹ 10,28,000.]
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