Calculate Cash Flow from Investing Activities : Balances as on 31.3.2021 Balances as on 31.3.2022 Machinery- 5,00,000 5,75,000 Patents - 1,00,000 80,000 Investment - 3,00,000 5,00,000 Dividend Received on Investment - 10,000
Options:
₹2,55,000 Cash Inflow
₹2,55,000 Cash Outflow
₹2,45,000 Inflow
₹2,45,000 Outflow
Correct Answer:
₹2,45,000 Outflow
Explanation:
"Cash paid for machinery -(75,000) Proceed from sale of Patents - 20,000 Cash paid to purchase of Investment - (2,00,000) Dividend Received - 10,000 Net Cash used in Investing Activities = 2,45,000"