The net profit after tax for the year was ₹30,00,000. Working capital increased during the year by ₹5,00,000. Depreciation for the year was ₹5,00,000 and tax expenses was ₹7,50,000. Amount paid towards income tax based o
CS Executive · Corporate and Management Accounting · PYQS · December 2021
The net profit after tax for the year was ₹30,00,000. Working capital increased during the year by ₹5,00,000. Depreciation for the year was ₹5,00,000 and tax expenses was ₹7,50,000. Amount paid towards income tax based on self-assessment and demand from tax department for earlier year was ₹10,00,000. Cash flow from operating activities is :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Cash Flow Statement
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