question_answer

Calculate cash flow from financing activities from the following information of XYZ Ltd:

(i) 15,000 equity shares of Rs. 10 per share were issued at par.

(ii) 12% preference shares of Rs. 1,00,000 were redeemed at a premium of 10%

Answer:

	Amt (Rs.)
Proceeds from equity shares	1,50,000
(-) Redemption of preference shares	(1,10,000)
Cash flow from financing activities	40,000