Practicing Success
A company acquired machinery for ₹250000 paying a 20% downpayment and executing a bond for the balance payable. How much cash is used in investing activity of the company? |
₹200000 ₹50000 ₹150000 ₹40000 |
₹50000 |
Cash used = 250000 X 20/100 = ₹50000 |