Question 6
State Bank of India received INR 10,00,000 as interests on the loans that it gave to it's customers in 2022. How would this be categorised in the cash flow statment?
Cash from Financing
Cash flow from Investing
Cash flow from Operations
Question 6: State Bank of India received INR 10,00,000 as interests o…
Show answer
Correct answer
Cash flow from Operations
Question 6 of 23 in the IIT Madras BS Financial Forensics (Financial Forensics) Quiz 1 paper sat on 27 Oct 2024, in the September 2024 term (IIT M DEGREE AN EXAM QDB2 27 Oct 2024). It carries 1 mark.
More questions from this paper
- An owner of a business contributes ₹ 20,00,000 as capital. 30% of the amount was brought in cash and the remaining was …
- Sold goods worth ₹ 86,000 for ₹ 98,000. A cash discount of 10% was offered to the customer if payment is settled immedi…
- Goods costing ₹ 19,000 was taken by the owner from business for personal use. The value of the goods taken by the owner…
- Issuing new shares of common stock would be classified under which category of cash flow?
- A company splits its stock in the ratio 1:10 to increase liquidity of the stock in the market. Under which category in …
- At the beginning of the month the company hired workers and employees for a total monthly remuneration of ₹ 75,000 paya…
- | ACCOUNTS PAYABLE | \ 241,000 | |---|---| | ACCOUNTS RECEIVABLE | \ 505,000 | | SALARY PAYABLE | \ 107,000 | | ACCUMUL…
- A company sold goods worth \8,000 for \10,000 on Feb 2, 2024. 50% of it was paid by the customer immediately via RTGS, …
- Which of the following would result in increase in cash inflow for ABC Incorporation?
- A company's net income for the year is \100,000. Depreciation expense is \20,000. Accounts receivable increased by \10,…
- A company's beginning cash balance is \50,000. Its net cash flow from operating activities is \30,000, from investing a…
- A company reports the following:\ 1.Net income: \85,000\ 2.Depreciation expense: \25,000\ 3.Gain on sale of equipment: …
- Capital stock was issued for \$100,000 cash
- Inventory was purchased for \$15,900
- Inventory costing \4,500 was sold for \7,200 on credit
- The company declared a stock split, and replaced each outstanding share with two new shares
- Total expenses for the month of April is
- Total Revenue for the month of April is
- Net profit for the month of April is
- Balance Sheet | Assets | 2023 | 2022 | |---|---:|---:| | Current Assets | | | | Cash and Cash Equivalents | 7,000 | 5,0…
- Balance Sheet | Assets | 2023 | 2022 | |---|---:|---:| | Current Assets | | | | Cash and Cash Equivalents | 7,000 | 5,0…
- Balance Sheet | Assets | 2023 | 2022 | |---|---:|---:| | Current Assets | | | | Cash and Cash Equivalents | 7,000 | 5,0…