Calculate Cash Flows from Investing Activities from the following information:

Particulars 31.03.2024
(₹)
31.03.2023
(₹)
10% Long Term Investments 2,50,000 4,50,000
Plant and Machinery 8,00,000 6,00,000
Goodwill 1,40,000 1,00,000
Investment in shares of Pinnacle Ltd 14,00,000 5,00,000
Patents - 1,50,000
Additional Information:
  1. A machine costing  ₹60,000 (depreciation provided thereon  ₹18,000) was sold for  ₹48,000. Depreciation charged during the year was  ₹60,000.  
  2. Dividend received from Pinnacle Ltd.  ₹40,000. 
  3. Interest received on 10% Long Term Investments  ₹45,000. 
  4. Patents were sold at their book value.

Marks-6, CBSE: 2024-25/Zone-4/Set-1/Q-34

  1.  

Answer :

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