Start learning →

A firm owes Rs 300 crore, sells a division for Rs 80 crore and repays debt. Debt left?

ARs 180 crore
BRs 240 crore
CRs 380 crore
DRs 220 crore
Answer & Solution
Correct answer: D. Rs 220 crore
Divestiture proceeds repay debt directly, so 300 minus 80 leaves Rs 220 crore.
Practise this question with Quill — CA Final →

Keep practising Corporate Spin-Off

Browse all Corporate Spin-Off questions for CA Final, or explore more Strategicfinancialmanagement topics.

Start a Corporate Spin-Off lesson →
Related questions