During the year ended 30 September 2019 Ricky Limited sold motor vehicles which had cost £20,000 three years ago, for £10,000. The total depreciation charged on these motor vehicles since they were purchased was £12,000 and the sale resulted in a profit on disposal of £2,000. Interest received during the year was £2,000 and interest paid was £5,000. Additions to property, plant and equipment during the year totalled £50,000 and payment for these new assets was in cash. This cash was paid out of the money raised from a share issue during the year which produced a cash inflow of £100,000. What is Ricky Limited's cash flow from investing activities for the year ended 30 September 2019?

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The Answer of During the year ended 30 September 2019 Ricky Limited sold motor vehicles which had cost £20,000 three years ago, for £10,000. The total depreciation charged on these motor vehicles since they were purchased was £12,000 and the sale resulted in a profit on disposal of £2,000. Interest received during the year was £2,000 and interest paid was £5,000. Additions to property, plant and equipment during the year totalled £50,000 and payment for these new assets was in cash. This cash was paid out of the money raised from a share issue during the year which produced a cash inflow of £100,000. What is Ricky Limited's cash flow from investing activities for the year ended 30 September 2019?

During the Year Ended 30 September 2019 Ricky Limited Sold