Read the following hypothetical text and answer the questions given below on the basis of the same:
Aditi, initiated her start-up Fizz Ltd.’ in 2019. Fizz Ltd.’ is an organic juice extracting unit. Its profits are increasing year-after-year because of the increasing awareness towards health.
Following information has been extracted from the Balance Sheet of Fizz Ltd.’ for the year ended 31 March, 2022:
| 31st March, 2022 (₹) | 31st March, 2021 (₹) | |
|---|---|---|
| Equity Share Capital | 90,00000 | 60,00,000 |
| 11% Debentures | 30,00,000 | 50,00,000 |
| Machinery (at cost) | 28,00,000 | 20,00,000 |
| Accumulated Depreciation on Machinery |
90,000 | 60,000 |
Additional Information:
(i) During the year, a machine costing ₹4,00,000 was sold at a gain of ₹30,000.
(ii) Depreciation charged on machinery during the year was ₹50,000.
(iii) Interest paid on 11% debentures amounted to ₹5,50,000.
(iv) Dividend of ₹3,00,000 was paid on equity shares.
(v) Debentures were redeemed at a premium of 10% on 31st March, 2022.
Calculate cash flows of Fizz Ltd.’ from Investing Activities’ and Financing Activities.’
Marks-6, CBSE:2022-23/Zone-5/Set-1/Q-34
Answer :