Finserve Ltd is carrying on a Mutual fund business. It invested Rs. 30,00,000 in share’s and Rs. 15,00,000 in debentures of various companies during the year. It received Rs. 3,00,000 as dividend and interest. Find out cash flows from investing activities. (C.B.S.E. Sample Paper, 2015)

SOLUTION

Cash flow from investing activities will be nil since Finserve Ltd. is a finance company.


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