Compute debt equity ratio and prepare a cash flow statement, Financial Accounting

Assignment Help:

1.From the following information you are required to prepare a cash Flow statement of XYZ Ltd for the year ended 31st December 2009

LIABILITIES

2008

2009

ASSETS

2008

2009

Share Capital

100000

200000

Fixed Assets

100000

200000

Profit and loss account

50000

 

70000

Goodwill

50000

40000

General reserve

30000

40000

Inventories

50000

70000

6% Bonds

50000

60000

Debtors

50000

80000

Sundry Creditors

30000

50000

Bills Receivable

10000

30000

Outstanding Expenses

10000

 

15000

Bank

10000

15000

 

270000  

435000

 

270000

435000

2. The Balance Sheet as on 31st December 2009 is as follows:

LIABILITIES

Amount(Rs)

ASSETS

Amount(Rs)

 Equity Share Capital

 2000000

 Fixed Assets (Net)

 1700000

General Reserves

200000

 

 

Secured Loans:

Fixed               300000

 

600000

Current Assets:

Stock

 700000

Debtors

300000

Cash Credit      300000

Loans and Advances

700000

 

Current Liabilities

 

 600000

 

 

 

 3400000

 3400000

 Compute:

i) Debt - Equity ratio

ii) Current Ratio


Related Discussions:- Compute debt equity ratio and prepare a cash flow statement

What do you mean by bankruptcy, Q. What do you mean by Bankruptcy? Bank...

Q. What do you mean by Bankruptcy? Bankruptcy - Legal process, governed by federal statute, whereby the DEBTS of an insolventperson are liquidated after being satisfied to the

Paid 5, what is the explanation?

what is the explanation?

Balance sheet, limitations of the balance sheet

limitations of the balance sheet

Determine the missing amounts, Two items are omitted from each of the follo...

Two items are omitted from each of the following summaries of balance sheet and income statement data for two corporations for the year 2014, Steven Craig and Georgia Enterprises.

Construct the market value balance sheet, Construct the Market Value Balanc...

Construct the Market Value Balance Sheet XYZ, Inc., another company founded by Larry Davidson in 2005, is currently entirely equity financed. That means the company carries no

Determine the net cash provided by operating activities, Van Aalst Company'...

Van Aalst Company's comparative balance sheet and income statement for last year appear below: Comparative Balance Sheet

Amortized payment, Amortized Payment You purchase a house that costs $...

Amortized Payment You purchase a house that costs $800,000 with an 8%, 30-year mortgage. You make a 20% down payment to avoid PMI insurance. (i) What is your monthly paymen

Stock rights, Stock Rights - Stock rights are rights issued to stockholders...

Stock Rights - Stock rights are rights issued to stockholders of a CORPORATION which entitle them to purchase new shares of stock in the corporation for a stated price that is freq

Illustration of retirement of a partner, Illustration of Retirement of a pa...

Illustration of Retirement of a partner A, B and C have been trading as equal partners having capital contributions of £500,000 and £400,000 and £300,000 respectively as at 1st

Determine the overvalue or undervalue of share, The New York Jets have deci...

The New York Jets have decided to go public and are offering new shares for $40. Since the Jets want to build a new stadium, the firm will retain all earnings and will not issue an

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd