alleryStart learning →Cash share issue 200, debt converted 500, loan raised 100, repaid 60, dividend 40. Net financing?
ARs 200
BRs 700
CRs 240
DRs 300
Answer & Solution
Correct answer: A. Rs 200
The conversion is non-cash and excluded, so 200 + 100 - 60 - 40 = Rs 200.
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