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Financial Forensics · Quiz 1 · 29 Oct 2023 · September 2023 term

Question 16: Alpha Corporation is a manufacturer of furniture. In a r…

Question 16

+1 markOne correct option

Based on the following information, answer the given subquestions.

Alpha Corporation is a manufacturer of furniture. In a recent year, it reported the following activities. Please note that the figures in the parenthesis indicates negative values.

Net income₹ 5,135
Purchase of property, plant, and equipment1,071
Borrowings under line of credit (bank)1,117
Proceeds from issuance of stock11
Cash received from customers37,164
Payments to reduce long-term debt46
Sale of marketable securities219
Proceeds from sale of property and equipment6,894
Dividends paid277
Interest paid₹ 90

What is the cash flow from investing activities

  1. A

    ₹ 7,113

  2. B

    ₹ 6,042

  3. C

    ₹ 6,261

  4. D

    ₹ 852

Show answer

Correct answer

  • B

    ₹ 6,042

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Question 16 of 30 in the IIT Madras BS Financial Forensics (Financial Forensics) Quiz 1 paper sat on 29 Oct 2023, in the September 2023 term (IIT M DEGREE AN2 EXAM QPE2 29 Oct 2023). It carries 1 mark.

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