Following information were provided by a trading company to you: Net profit after tax for the year 2018-19 ₹18,35,000. During the year 2018-19: Depreciation written off ₹1,08,000, Goodwill written off ₹50,000, Provision
CS Executive · Corporate and Management Accounting · PYQS · December 2019
Following information were provided by a trading company to you: Net profit after tax for the year 2018-19 ₹18,35,000. During the year 2018-19: Depreciation written off ₹1,08,000, Goodwill written off ₹50,000, Provision made for taxation ₹5,50,000, Income tax paid ₹4,80,000, Interest on Investment credited to Profit and Loss Account ₹25,000, Interim dividend paid ₹2,10,000. Cash flow from Operating Activities would be:
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Financial Accounting
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