Kartik Mutuals, a mutual fund company, provides you the following information:

 31st March, 201331st March, 2014
Proposed DividendRs. 20,000Rs.15,000

Additional Information:
Equity Share Capital raised during the year Rs. 3,00,000;
10% bank loan repaid was Rs. 1,00,000;
Dividend received during the year was Rs. 20,000.
Find out the cash How from financing activities.  (C.B.S.E. Sample Paper. 2017)


Cash = Proceeds from Equity share capital – Payment of Proposed Dividend
Cash = 3,00,000 – 20,000 = 2,80,000

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