Need
Answer Sheet of this Question paper
PRAKASH - 09741410271/ 08722788493
Financial Accounting
& Analysis
1.
Mr. Berrybell wants to assess the ability of an enterprise named Anyway, so as
to confirm whether the enterprise is capable to generate sufficient cash flows
or not. Anyway submits the following information for the year ended 31 March2017.
|
Particulars
|
(Rs. In lacs)
|
|
Shares issued during
the year
|
5
|
|
Capital assets
purchased
|
1.5
|
|
Proceed from sale of
an asset
|
2
|
|
Dividend declared and
paid
|
1
|
|
Increase in debtors
|
1.5
|
|
Loss on sale of asset
|
0.2
|
|
Net income before
taxes
|
8.8
|
|
Depreciation &
Amortisation
|
3.8
|
Discuss
the relevance of preparing the cash flow statement. Indicate and comment on the
following
·
Cash from operation
·
Cash from investing activities
·
Cash from financing activities
·
Closing balance
2.
You are being appointed as the accounts executive of Jayesh Motiwala & Company.
The principal business of the company is dealing in pearl ornaments at its
retail outlet in Jaipur. The management is unaware about the relevance of accounting
standard applicable while accounting for the business. Your responsibility is
to convince them to comply with the Accounting Standards, by giving a brief
presentation on the objectives behind complying with the accounting standard
and the benefits to the enterprise by following the same.
3.
The following is the Balance Sheet of Caterpillar Ltd as on 31st March 2017
|
Equity share capital
|
500000
|
Fixed assets
|
695800
|
|
Preference share
capital
|
300000
|
Stock
|
135000
|
|
Reserves & Surplus
|
255000
|
Debtors
|
145000
|
|
Creditors
|
45500
|
Cash & Bank
|
150600
|
|
Outstanding
liablilites
|
25900
|
|
|
|
|
1126400
|
|
1126400
|
Ascertain
-
a)
Current ratio and liquid ratio. What if the industry average for the same is 2
and 1 respectively.
b)
Capital gearing ratio and interpret the same.
Need
Answer Sheet of this Question paper
PRAKASH - 09741410271/ 08722788493
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