Investments at the beginning and at the end of the year 2017-18 were ₹255 Lakh and ₹210 Lakh respectively. During the year 40 percent of original investments were sold at a profit of ₹63 Lakh. Amount of cash inflow and o
CS Executive · Cost and Management Accounting · PYQS · December 2018
Investments at the beginning and at the end of the year 2017-18 were ₹255 Lakh and ₹210 Lakh respectively. During the year 40 percent of original investments were sold at a profit of ₹63 Lakh. Amount of cash inflow and outflow respectively from investments will be :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Cash Flow Statement
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