logo

Crowdly

Browser

Add to Chrome

In the financial year ended 31 December 2024, a business entity paid N$200 000 t...

✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.

In the financial year ended 31 December 2024, a business entity paid N$200 000 to acquire new long term investments and sold plant and equipment for N$20 000. At the time of sale, the plant and equipment sold had a carrying amount of N$15 000 and there was a profit on disposal of N$5 000.

The net cash flow from investing activities for the year ended 31 December 2024 is?

(Select one correct option only)

More questions like this

Want instant access to all verified answers on elearning.unam.edu.na?

Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!

Browser

Add to Chrome