Particulars Amount Rs in (Lacs) Tangible assets purchased during the year 75 Depreciation charged on these tangible assets for the year @ 10% ? Stock sold for the year 95 Loan given to Big Boy Company 150 Interest received from Big Boy company for the said loan @11.5% ? Shares purchased of a company called as Arvind Mills 10 Dividend Received from Arvind Mills 1 Taxes paid for the year @ 30%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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The following information is available in relation to Britannia Baby Company. The Company has profit before taxes of Rs 50 lacs.

  1. Classify and give reasons for the cash flows falling under the operating activities
  2. Classify and give reasons for the cash flows falling under the investing activities
Particulars
Amount
Rs in (Lacs)
Tangible assets purchased during the year
75
Depreciation charged on these tangible assets for the year @ 10% ?
Stock sold for the year
95
Loan given to Big Boy Company
150
Interest received from Big Boy company for the said loan @11.5% ?
Shares purchased of a company called as Arvind Mills
10
Dividend Received from Arvind Mills
1
Taxes paid for the year @ 30%
Transcribed Image Text:Particulars Amount Rs in (Lacs) Tangible assets purchased during the year 75 Depreciation charged on these tangible assets for the year @ 10% ? Stock sold for the year 95 Loan given to Big Boy Company 150 Interest received from Big Boy company for the said loan @11.5% ? Shares purchased of a company called as Arvind Mills 10 Dividend Received from Arvind Mills 1 Taxes paid for the year @ 30%
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