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 31^st 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 31^st 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
Secured Loans: Fixed 300000		Debtors	300000
Cash Credit 300000		Loans and Advances	700000
Current Liabilities	600000
Current Liabilities	3400000		3400000

Compute:

i) Debt - Equity ratio

ii) Current Ratio

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

Expected opportunity loss decision criterion, The construction manager for ...

The construction manager for Acme, Inc. must decide whether to build single-family homes, apartments, or condominiums. She estimates annual profits will vary with the economy, as f

RETAINED PROFITS BROUGHT FORWARD-group accounts, RETAINED PROFITS BROUGHT F...

RETAINED PROFITS BROUGHT FORWARD If we recall from the consolidated balance sheet, the group-retained profits should be made up of the holding companies retained profit plus the

Adjusting Entry for these Accounting statements?, In June 2012 Company has ...

In June 2012 Company has supplied some goods to a customer on a sale on return basis. The value of the goods was Rs. 120,000. The company recorded this transaction as credit sale,

Report to stockholders of a company, Q. Report to stockholders of a company...

Q. Report to stockholders of a company? Annual Report - Report to stockholders of a company that includes company's annual,audited BALANCE SHEET and related statements of earni

Communication and leadership, hi could you please help me in my assignment ...

hi could you please help me in my assignment i need it by 11/1/2017

Produce an adjusted purchases ledger account, Question: Andrew Hegel ma...

Question: Andrew Hegel manufactures garments in his Malagasy Factory. In an effort to remain competitive he continually switches between suppliers.. This has resulted in extra

Dividends-bankruptcy and liquidation, DIVIDENDS Dividends must be decla...

DIVIDENDS Dividends must be declared and paid in accordance with the following rules: 1) The first dividend must be declared and paid within four months of the first meeting o

Introduction to pension funds, Introduction to Pension funds Pension fu...

Introduction to Pension funds Pension funds are normally set up to provide pension benefits to employees who have retired. The pension funds receive contributions mainly from e

What do you mean by fiscal year, Q. What do you mean by Fiscal Year? Fi...

Q. What do you mean by Fiscal Year? Fiscal Year - Period of 12 consecutive months chosen by an entity as its ACCOUNTING period that may or may not be a calendar year. Fixed Ass

Financial Accounting, What is financial Accounting

What is financial Accounting

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages