Nootan Ltd arrived at a net profit of Rs 100000 for the year ended 31st March,...

 

Transcribed Image Text:

Nootan Ltd arrived at a net profit of Rs 100000 for the year ended 31st March, 2022. Depreciation for the year is Rs 10000, Loss on sale of Asset is Rs 20000, Interest paid on loan is Rs 10000, Gain on sale of assets is Rs 20000. Tax is 20%. Calculate cash flow from operating activity using indirect method. Additional information: Particulars Creditors Debtors Inventory Bills Receivables Bills Payable 31st Mar 21 50000 40000 25000 30000 25000 31st Mar 22 40000 30000 35000 50000 40000 Nootan Ltd arrived at a net profit of Rs 100000 for the year ended 31st March, 2022. Depreciation for the year is Rs 10000, Loss on sale of Asset is Rs 20000, Interest paid on loan is Rs 10000, Gain on sale of assets is Rs 20000. Tax is 20%. Calculate cash flow from operating activity using indirect method. Additional information: Particulars Creditors Debtors Inventory Bills Receivables Bills Payable 31st Mar 21 50000 40000 25000 30000 25000 31st Mar 22 40000 30000 35000 50000 40000

Answer rating: 100% (QA)

Operating activities Net profit for the year Rs 100000 Depreciation for the year Rs 10000 Loss on sa... View the full answer