Mathematics · Cash Flow Statement Analysis
A company provides the following data from its Balance Sheets: Fixed Assets (Cost): Beginning = ₹10,00,000; Ending = ₹12,50,000 Accumulated Depreciation: Beginning = ₹3,00,000; Ending = ₹3,80,000 During the year, a machine costing ₹1,00,000 (accumulated depreciation ₹40,000) was sold for ₹50,000. Calculate 'Purchase of Fixed Assets' to be shown as an investing cash outflow.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹2,50,000
- 2₹3,50,000✓
- 3₹4,00,000
- 4₹1,50,000
Correct answer
₹3,50,000
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