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
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

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