Management Accounting Test Questions

Q.  ABC Ltd had investment of Rs 68,000 as on 31.3.2013 and investment of Rs 56,000 as on 31.3.2014. During the year ABC Ltd sold 40% of its investments being held in the beginning of period at a profit of Rs 16,800. Determine cash flow from investing activities.

a. Rs 59,200
b. Rs 28,800
c. Rs 72,800
d. None of the above


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