Which of the following is not a source of funds for a

Solution

A company’s sources and uses of funds are summarized under the funds flow statement. The sources include: • Funds from Operations (Net Profit after taxes + Depreciation + Other amortisations) • New Issue of Share Capital   • New Issue of Debentures/Bonds   • Additional long-term Borrowing   • Sale Proceeds of Fixed Assets   • Sale of long-term Investments Uses of funds include: • Dividend payment • Redemption of Redeemable Preference Share Capital  • Repayment of Debentures/Bonds  • Repayment of Long-Term Loans  • Purchase of Fixed Assets  • Purchase of Long-Term-Investment  • Increase in Working Capital (means more cash is being tied up in a company's short-term assets or used to pay down short-term liabilities, which represents an outflow of cash from the business)