Teaching RPSC School Lecturer Mock Test Series 2024 Accountancy Financial Statement Analysis Cash Flow Analysis
M/s Mevo and Sons.; a bamboo pens producing company, purchased machinery for Rs. 9,00,000. It received a dividend of Rs. 70,000 on investment in shares. The company also sold an old machine with the book value of Rs. 79,000 at a loss of Rs. 10,000. Compute the amount of Cash flow/used from/in Investing Activities
1
Rs. 4,61,000
2
Rs. 5,61,000
3
Rs. 7,61,000
4
None of these
5
Question Not Attempted