Section C (4 Mark)

Section C (4 Mark)

Dab Ltd manufactures, markets, and services automated teller machines.

The following are selected numbers from the financial statements for 1992 and 1993 (in millions):

The firm had capital expenditures of Rs15 million in 1992 and Rs18 million in 1993. The working capital in 1991 was Rs180 million.

Estimate the cash flows to equity in 1992 and 1993. (in Rs Millions)
A . 45 and (20.5)
B . 43.60 and (21)
C . 76 and 19.55
D . 102 and 301

Answer: B