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CBSE Class 12-commerce Answered

Acquired machinery for 10,00,000 Paid 10% upfront, and the rest through draft after 3 months. What is the cash flow from investing activities?
Asked by simarjiv10 | 24 Jun, 2020, 11:25: PM
answered-by-expert Expert Answer
The total cash outflow from Investing Activities will be Rs.10,00,000 as payments made through drafts are a part of Cash and Cash Equivalents.
Answered by Surabhi Gawade | 25 Jun, 2020, 09:13: AM

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Acquired machinery for 10,00,000 Paid 10% upfront, and the rest through draft after 3 months. What is the cash flow from investing activities?
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