Class XII

‘Vinod Ltd.’ is carrying on a paper manufacturing business. In the current year, it purchased machinery for Rs.30,00,000; it paid salaries of Rs. 60,000 to its employees; it required funds for expansion and therefore, issued shares of Rs. 20,00,000. It earned a profit of Rs. 9,00,000 for the current year. Find out cash flows from operating activities.
  1. 20,00,000
  2. 8,00,000
  3. 8,60,000
  4. 9,00,000
Sale of Copyrights is concerned with_______.
  1. Operating Activities
  2. Both Operating Activities and Financing Activities
  3. Financing Activities
  4. Investing Activities
Mention the net amount of source of cash when a fixed asset (having book value of Rs. 15,000) is sold at a loss of Rs. 5,000.
  1. 10,000
  2. 15,000
  3. 5,000
  4. 20,000
Repayment of long term loans _________.
  1. None of these
  2. Investing Activities
  3. Operating Activities
  4. Financing Activities
In a statement of cash flows (indirect method) a decrease in inventory should be reported as__________.
  1. An addition
  2. Not reported
  3. A deduction
  4. In investing activity
Time Elapsed

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LKG - 12th

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