Mevo Ltd., a financial enterprise had advanced a loan of Rs. 3,00.000, invested Rs. 6,00.000 in shares of the other companies and purchased machinery for Rs. 9,00,000. It received dividend of Rs. 70,000 on investment in shares. The company sold an old machine of the book value of Rs. 79,000 at a loss of Rs. 10,000. Compute Cash flows from Investing Activities. (C.B.S.E. 2019.M.P.)

SOLUTION

Cash Flows from Investing Activities

Particulars	Details	Amount (Rs.)
Sale of Machinery	69,000
Purchase of Machinery	(9,00,000)
Net Cash used in Investing Activities	(8,31,000)	(8,31,000)