1.

X Ltd made a profit of₹.6,00,000 before considering depreciation on Machinery₹.50,000 and Loss on sale of computer₹.10,000. The amount to be shown as Cash Flows of Operating activities is ____________________

Answer»

EXPLANATION:

Operating profit is the income earned from the core OPERATIONS of a business, EXCLUDING any financing or tax-related ISSUES. The concept is USED to investigate the profit-making potential of a business, excluding all extraneous factors.



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