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

Present value of an uneven series, In actual life cash flows occurring abov...

In actual life cash flows occurring above a period of time are frequently uneven. For illustration, the dividends declared through the companies will change from year to year, as s

Cash budget, What is a cash budget? How it is useful in managerial decision...

What is a cash budget? How it is useful in managerial decision making?

Financial managment, How is a company’s cost of capital affected by its tax...

How is a company’s cost of capital affected by its tax rate?

What was lavina''s accrual-basis net income (loss) for year, During 2011, L...

During 2011, Lavina Corporation had cash and credit sales of $94,000 and $91,000, respectively. The company also collected accounts receivable of $53,400 and incurred expenses of $

Determine straight value and conversion value , Banana Computer has a perpe...

Banana Computer has a perpetual, convertible 7% annual coupon bond outstanding. The bond has a face value of $1,000 and has a conversion price of $40. The required return on an oth

Report on the management of foreign trade risks, Q. Report on the managemen...

Q. Report on the management of foreign trade risks? Your company is probable to face three types of risk in connection with its foreign trade. These are as: (1) Foreign exch

Answer for Assignment, Transaction Entry Information: May 1 Owener H.Hadi ...

Transaction Entry Information: May 1 Owener H.Hadi invested $40,000 in the business

Business, #Which of the two ratios are the greatest? 1.67.1 or 0.29.1

#Which of the two ratios are the greatest? 1.67.1 or 0.29.1

Compute gross income from sales, 1. Ben lost his job when his employer move...

1. Ben lost his job when his employer moved its plant. During the year, he collected unemployment benefits for three months, a total of $1,800. While he was waiting to hear from pr

Investment property, I want to do research on investment property which res...

I want to do research on investment property which research topics are appropriate

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