Advertisements
Advertisements
Question
Sale of patents of ₹ 50,00,000 will result in?
Options
Cash inflow of ₹ 50,00,000 from financing activities
Cash outflow of ₹ 50,00,000 from financing activities
Cash outflow of ₹ 50,00,000 from investing activities
Cash inflow of ₹ 50,00,000 from investing activities
MCQ
Advertisements
Solution
Cash inflow of ₹ 50,00,000 from investing activities
Explanation:
The sale of patents involves disposing of an intangible asset, which falls under investing activities. The ₹ 50,00,000 received represents a cash inflow from investing.
shaalaa.com
Is there an error in this question or solution?
