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From the following information, calculate cash flows from investing activities:
31.03.2023 31.03.2024
Plant and Machinery 12,00,000 15,00,000
Investments (Long-term) 1,50,000 4,20,000
Land (at cost) 5,00,000 4,00,000
  Additional Information:- (i) Depreciation charged on Plant and Machinery ₹ 72,000. (ii) Plant and Machinery with a book value of ₹ 1,20,000 was sold for ₹ 75,000. (iii) Investments were purchased for ₹ 3,00,000. Some investments were sold at a loss of ₹ 10,000. Interest received on investments during the year ₹ 15,000. (iv) Land was sold at a profit of ₹ 80,000. [Ans. Net Cash used in Investing Activities ₹ 5,02,000.]
Anurag Pathak Answered question 4 days ago
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