Question
A company purchased machinery worth ₹5 lakh during the
year and repaid a long-term loan of ₹3 lakh. It generated ₹12 lakh from operations. What is the net change in working capital, if opening and closing working capital were ₹4 lakh and ₹6 lakh respectively?Solution
Change in working capital = Closing – Opening = ₹6 lakh – ₹4 lakh = ₹2 lakh (Increase) This is shown as an application of funds in the fund flow statement.
Which one among the following statements about the Kailashanatha temple at Ellora is not correct?
Which of the following years has been declared by the United Nations as the International Year of Forests?
How much water carried by the Indus river system can India use under the Indus water treaty (1960)?
Which branch of physics deals with properties of fluids at rest?
Which of the following is in geographical proximity to Sri Lanka?
Which type of payment is the Reserve Bank of India (RBI) not responsible for regulating directly?
Sarhul festival tribal festival of which of the following state.
Five rivers from Punjab (India) enter the river _____ at Mithankot in Pakistan.
Which of the following is a hot air?
The term 'Dhamma' is the Prakrit word that is associated with which of the following rulers of ancient India?
