Reference no: EM132792374
Question - Cash Flow Investing Activities
The following information is available for a company, Ted Limited:
Particulars Amount
Received interest 37,000
Paid cash dividends 29,000
Borrowed a five-year loan 12,00,000
Profit after tax 4,50,000
Depreciation and amortisation 1,25,000
Increase in current assets 3,05,000
Purchased a new building 8,00,000
Sale of machinery 2,50,000
Purchased new equipment 2,20,000
Investment in the shares of Stew Limited 1,00,000
Decrease in current liabilities 2,35,000
Dividend received 5,000
Income taxes paid 25,500
Income tax expense 25,500
Required - Calculate the cash flow from investing activities?