Cash deposit with the bank with a maturity date after two months belongs to which of the following while preparing Cash Flow Statement?
(a) Investing Activities (b) Financing Activities
(c ) Cash and Cash Equivalents (d) Operating Activities
Correct Answer - C
`(W_(Al))/(W_(Mg)) = (E_(Mg))/(E_(Al))`
`therefore (W_(Al))/(1) = (24//2)/(27//3) = (12)/(9)`
`therefore W_(Al) = (12)/(9)` gms.
When 1 gm of Mg deposited at the same time , `(12)/(9)` gm...
Cash Flow Statement is prepared to determine the cash flows of an enterprise during a specific period from its Operating, Investing and Financing Activities.