Calculate the net amount of cash flow if a fixed asset costing ₹38,000 (Book value ₹30,000) is sold at a loss of ₹5,000. Cash flow from investing activities would be.........
Answer & explanation
Correct answer: option 2
The correct answer is option 2- ₹25,000.
Cash Flow from investing activities = Book value - Loss
= 30,000-5,000
= 25,000