Taran Investments undertook the following transactions during the year ended 30 November 2019:
Sold shares in Kish Limited for a profit of £50,000. The shares had originally cost £125,000 five years ago.
Bought a new computer system for the offices at a cost of £80,000.
Bought 100,000 shares in Jay Limited, a start-up, at a cost of 90 pence per share.
Received dividends from various investments totalling up to £85,000.
Paid bonuses to the directors of £65,000.
What is Taran Investments' net cash inflow from investing activities for the year ended 30 November 2019?
A) £25,000
B) £30,000
C) £80,000
D) £90,000

Question

Quizplus · Accepted Answer

The Answer of Taran Investments undertook the following transactions during the year ended 30 November 2019:
Sold shares in Kish Limited for a profit of £50,000. The shares had originally cost £125,000 five years ago.
Bought a new computer system for the offices at a cost of £80,000.
Bought 100,000 shares in Jay Limited, a start-up, at a cost of 90 pence per share.
Received dividends from various investments totalling up to £85,000.
Paid bonuses to the directors of £65,000.
What is Taran Investments' net cash inflow from investing activities for the year ended 30 November 2019?
A) £25,000
B) £30,000
C) £80,000
D) £90,000

Taran Investments Undertook the Following Transactions During the Year Ended