Reference no: EM132553560

The following information is available in relation to Britannia Baby Company. The Company has profit before taxes of Rs 50 lacs.

Question a. Classify and give reasons for the cash flows falling under the operating activities

Question b. Classify and give reasons for the cash flows falling under the investing activities

Particulars:

Amount Rs in (Lacs)

1. Tangible assets purchased during the year - 75 lakhs

2. Depreciation charged on these tangible assets for the year @ 10% - ??? (Answer required)

3. Stock sold for the year - 95 lakhs

4. Loan given to Big Boy Company - 150 lakhs

5. Interest received from Big Boy company for the said loan @11.5% - ??? (Answer required)

6. Shares purchased of a company called as Arvind Mills - 10 lakhs

7. Dividend Received from Arvind Mills - 1 lakh

8. Taxes paid for the year @ 30% - ???