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
No explanation is available for this question!
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