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 is the smallest bone in the human body?
Which human organ contains the 'Islets of Langerhans?'
Which of the following is the main end product of carbohydrate digestion?
Which state has launched “Mukhyamantri Udyaman Khiladi Unnayan Yojana” on the occasion of National Sports Day?
What is the primary function of phloem in plants?
To which kingdom does the amoeba belong?
Which dance form known as Brita or Vrita is traditionally performed in West Bengal after recovering from a disease?
Grana membranes are found in which cellular organelle?
To which kingdom does Amoeba belong?
Which is the largest organ in the human body?