Management Accounting Test Questions
Q. Given Net profit for the year Rs 2,50,000 transferred to general reserves Rs 40,000 and old machinery bought for Rs 50,000 was sold for Rs 20,000. Calculate funds from operations.
a. Rs 2,80,000
b. Rs 2,20,000
c. Rs 2,90,000
d. Rs 3,00,000
No explanation is available for this question!