InterviewSolution
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Calculate Cash Flow from Investing Activities from the following information: Particular 31st March, 2019 (₹) 31st March, 2018 (₹) Investment in Land 3,00,000 3,00,000 Shares in Damodar Ltd. 1,50,000 1,50,000 12% Long-term Investments 80,000 50,000 Plant and Machinery 7,50,000 6,00,000 Patents 70,000 1,00,000 Goodwill 1,50,000 1,00,000 Additional Information:1. A piece of land was purchased as an investment out of surplus. It was let out for commercial purpose and the rent received was ₹ 20,000.2. Dividend received from Damodar Ltd. 12%.3. Patents written off to the extent of ₹ 20,000. Some patents were sold at a profit of ₹ 10,000.4. A machine costing ₹ 80,000 (depreciation provided thereon ₹ 30,000) was sold for ₹ 35,000. Depreciation charged during the year was ₹ 70,000.5. During the year 12% investments were purchased for ₹ 1,00,000 and some investments were sold at a profit of ₹ 10,000. Interest on investments for the year was duly received. |
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Answer» Calculate Cash Flow from Investing Activities from the following information:
Additional Information: |
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