Question - 01

Anand Ltd. arrived at a net income of Rs. 5,00,000 for the year ended March 31, 2014 Depreciation for the year was Rs. 2,00,000. There was a profit of Rs. 50,000 on assets sold which was transferred to statement of profit and loss account trade receivables increased during the year Rs. 40,000 and Trade payable also increased by Rs. 60,000. compute the cash flow from operating activities by the indirect approach.

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