Find out cash from Financing Activities from the following information:ItemAmountIssue of Equity Shares Redemption of Preference Shares Interim Dividend Paid Interest on Debentures Issue of Debentures Choose the correct answer from the options given below:
- AInflow
- BOutflow
- CInflow
- DOutflow
Solution & Step-by-step Explanation
Let's calculate cash flows arising strictly out of Financing Activities:Add: Issue of Equity Shares (Inflow) Less: Redemption of Preference Shares (Outflow) Less: Interim Dividend Paid (Outflow) Less: Interest on Debentures (Outflow) Add: Issue of Debentures (Inflow) Net Cash Calculation: