Question
XYZ Ltd. reported a net profit of ₹120 lakhs for the
year ended 31st March 2025. The depreciation for the year was ₹20 lakhs, and amortization of goodwill was ₹10 lakhs. The increase in debtors was ₹25 lakhs, inventory rose by ₹30 lakhs, and creditors increased by ₹15 lakhs. The company also incurred a loss on sale of machinery of ₹5 lakhs which was included in net profit. What is the cash flow from operating activities as per the indirect method?Solution
Start with net profit: ₹120L Add: Depreciation (20), Goodwill amort. (10), Loss on sale (5) → Total Add = ₹35L Less: Increase in Debtors (25), Inventory (30) → Total less = ₹55L Add: Increase in Creditors (15) Net: ₹120 + ₹35 – ₹55 + ₹15 = ₹115L
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The process of amending a policy during its term is known as:
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when a company has declared that there will be a dividend in the future but has not yet paid it out, it is known as?
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Which term referring to property coverage for the perils of burglary, theft and robbery?
The Motor Vehicles Act, 1988 requires what document as proof of insurance?
The first motor vehicle insurance policy was issued in the UK in:
