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Question
From the following information, find out Cash Outflow from Financing Activities.
Year I | Year II | |
Proposed Dividend | ₹ 1,20,000 | ₹ 1,50,000 |
12% debentures | ₹ 4,00,000 | ₹ 5,00,000 |
Additional Information:
Additional Debentures were issued at the end of the year.
Interim Dividend paid ₹ 50,000
Preference Share Capital Issued ₹ 2,00,000
Options
₹ 82,000
₹ 2,08,000
₹ 2,38,000
₹ 2,48,000
MCQ
Solution
₹ 82,000
Explanation:
Calculation of Net Cash Flow from Financing Activities:
₹ | |
Proposed Dividend Paid | (1,20,000) |
12% Debentures Issued | 1,00,000 |
Interest Paid on Debentures | (48,000) |
Interim Dividend Paid | (50,000) |
Preference Share Capital Issued | 2,00,000 |
Net Cash Used in Financing Activities | 82,000 |
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