9. It is an investment certified by a certificate with a holding period of at least 30 days.yunsup obio oimono ods no 1ols on .da. stockb. bondsowing results are onfarC. savings accountd. time deposit10. It is a long-term obligation issued by a public or private corporation to raise money for thepurpose of expansion, capital expenditures, or payoff obligation.gnblasd basilnuns2xodbol da. stockb. bondsnnd rh dyuod 1sab or borb s nol 25alsi ai 1ers omin lo nnoms ods ai lroh lismC. savings account gninesod. time deposit off covilob b2soll gnizessongd

There are various methods used by the companies to raise the money in the short term or long term…

bove a. stock CUSCE OU tpe ccouowc orqar dasuth are onf b. bonds the C. savings account d. time deposit It is a long-term obligation issued by a public or private corporation to raise m purpose of expansion, capital expenditures, or payoff obligation. anblasd basilmns 2xodl a. stock b. bonds Insd sih iynodi 1als a borb s nol 25lsi i 1edis omin lo anuoms o sloorb s 1ol 25olsı i ed omin lo innoms

bove a. stock CUSCE OU tpe ccouowc orqar dasuth are onf b. bonds the C. savings account d. time deposit It is a long-term obligation issued by a public or private corporation to raise m purpose of expansion, capital expenditures, or payoff obligation. anblasd basilmns 2xodl a. stock b. bonds Insd sih iynodi 1als a borb s nol 25lsi i 1edis omin lo anuoms o sloorb s 1ol 25olsı i ed omin lo innoms

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter15: Investments And Fair Value Accounting

Section: Chapter Questions

Problem 2CP

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The following information relates to Basic Lid. for the year ended 31" December 2021: Net working capital RO. 1.200.000 Fixed assets to proprietor's fund ratio 0.75 Working capital turnover ratio 5 timeg Return on Equity 15% Current liabilities RO. 400.000 Long term Debts 0 You are required to calculate: Proprietor's funds Fixed Assets Current assets Net profit ratio Current ratio
Q4. From the following B/S of X Ltd. Prepare Fund Flow Statement: 31st March 31st March 2015 (Rs) Particulars Note No. 2014 (Rs) 1. Equity and Liabilities 1. Shareholders' Funds a) Share capital b) Reserve and surplus (Balance in Statement of Profit and Loss) 15,00,000 10,00,000 7,50,000 6,00,000 2. Non-current Liabilities Long-term borrowings 1 1,00,000 2,00,000 3. Current Liabilities a) Trade payables b) Short-term provisions (Provision for taxation) 1,00,000 95,000 1,10,000 80,000 25,45,000 19,90,000 Total II. Assets 1. Non-current assets a) Fixed assets (1) Tangible asse (ii) Intangible assets (Goodwill) b) Non-current investment 2. Current assets a) Inventories b) Trade Receivables c) Cash and cash equivalents 10,10,00 1,80,000 6,00,000 12,00,000 2,00,000 1,00,000 1,50,000 3,40,000 25,45,000 |19,90,000 1,80,000 2,00,000 3,75,000 Total Notes to Accounts: Particulars 31st March 31st March 2015 (Rs) 2014 (Rs) 1. Long-term borrowings: i) Debentures 2,00,000 ii) Bank loan 1,00,000…
Q4. From the following B/S of X Ltd. Prepare Fund Flow Statement: 31st March| 31st March 2015 (Rs) Particulars Note No. 2014 (Rs) T. Equity and Liabilities 1. Shareholders' Funds a) Share capital b) Reserve and surplus (Balance in Statement of Profit and Loss) 10,00,000 15,00,000 7,50,000 6,00,000 2. Non-current Liabilities Long-term borrowings 1 1,00,000 2,00,000 3. Current Liabilities a) Trade payables b) Short-term provisions (Provision for taxation) 1,00,000 95,000 1,10,000 80,000 Total 25,45,000|19,90,000 II. Assets 1. Non-current assets a) Fixed assets (1) Tangible assets (ii) Intangible assets (Goodwill) b) Non-current investment 2. Current assets a) Inventories b) Trade Receivables c) Cash and cash equivalents 10,10,000 1,80,000 6,00,000 2 12,00,000 2,00,000 1,80,000 2,00,000 3,75,000 25,45,000 |19,90,000 1,00,000 1,50,000 3,40,000 3 Total Notes to Accounts: Particulars 31st March 31st March 2015 (Rs) 2014 (Rs) 1. Long-term borrowings: i) Debentures ii) Bank loan 2,00,000…
Q1.From the following information prepare a 'cash flow statement' for Ronak Ltd. Balance sheet of Ronak Ltd as at 31st March, 2011 and 2012. Note No. 31st March, 31st March, 2011 (?) Particulars 2012 (?) I. EQUITY AND LIABILITIES 1. Shareholders' Funds (a) Equity Share Capital (b) Reserves and Surplus 2,50,000 3,50,000 40,000 5,000 2. Non-current Liabilities Long-term Borrowings (12% debentures) 3. Current Liabilities Trade Payables 60,000 1, 00,000 1,25,000 5,80,000 1,50,000 Total 5,00,000 II. ASSETS 1. Non-current Assets (a) Fixed Assets (b) Non-current Investments 2. Current Assets 2,80,000 1,00.000 2,00,000 1,00.000 1,60,000 40,000 1,50,000 la) Trade Receivables (b) Cash and Cash Equivalents (c) Other Current Assets (Prepaid expenses) 30,000 20,000 5,00,000 Total 5,80,000 Notes to Accounts 31st March, 31st March, 2011 () Particulars 2012 (?) 1. Reserves and Surplus Surplus, i.e. Balance in Statement of Profit and Loss Securities Premium Reserve 40,000 (20,000) 25,000 40,000 5,000…
Melissa Jucarez u/22/2021 Corporate finance TRB Of the fallowing see of ccsh flous? Year what 19 the COsh Flows -18.700 1 9,400 10,400 3 6is00
Q4. From the following B/S of X Ltd. Prepare Fund Flow Statement: Note No. 31st March 31st March Particulars 2015 (Rs) 2014 (Rs) T. Equity and Liabilities 1. Shareholders' Funds a) Share capital b) Reserve and surplus (Balance in Statement of Profit and Loss) 15,00,000 10,00,000 7.50,000 6,00,000 2. Non-current Liabilities Long-term borrowings 3. Current Liabilities a) Trade payables b) Short-term provisions (Provision for taxation) 1,00,000 2,00,000 1,00,000 95,000 1,10,000 80,000 Total 25.45.000 19,90,000 II. Assets 1. Non-current assets a) Fixed assets (1) Tangible assets (11) Intangible assets (Goodwill) b) Non-current investment 10.10,000 12,00,000 1.80.000 6,00,000 2 2,00.000 2. Current assets a) Inventories b) Trade Receivables c) Cash and cash equivalents Total 1,00,000 1,50,000 3.40,000 25.45,000 19,90,000 1,80.000 2,00,000 3 3.75.000 Notes to Accounts: 31st March 31st March 2015 (Rs) Particulars 2014 (Rs) 1. Long-term borrowings: 1) Debentures 11) Bank loan 2,00,000 1,00,000…
Choose the correct letter of answer: Company D's current assets and current liabilities are P200,000.00 and P140,000.00 respectively. How much additional funds can it borrow from banks for short term, without reducing the current ratio below 1.33? a. P13,800.00b. P86,200.00c. P52,612.00d. P35,870.00e. P41,818.00
19. Ebasan Company have the following account balances: Cash (net of overdraft of P100,000) Accounts receivable Accounts payable Notes payable Loans payable Income tax payable Warranty obligations Deferred revenue Cumulative, redeemable preference shares at the option of the holder Non-cumulative, non-redeemable preference shares What is the total amount considered as financial liabilities? A. 4,620,000 B. 3,620,000 C. 4,600,000 D. 4,500,000 P300,0000 450,000 1,200,000 500,000 1,800,000 120,000 180,000 240,000 1,000,000 2,000,000
The summarized balance sheet of WIPRO Itd forthe year ended 31/03/2020 and 31/03/2021 are given below. Prepare funds flow statement. Liabilities Equity share capital General Reserve Pro fit&loss a/c Sundry Creditor Provision for Tax 2020 5,00,000 2,00,000 40,000 1,58,000 45,000 2021 Assets 2020 2021 Land & Building 6,00,000 2,20,000 1,32,000 1,72,000 30,000 1,80,000 Plant and Machinery 2,10,000 80,000 2,00,000 1,70,000 1,03,000 9,43,000 3,00,000 2,76,000 95,000 1,90,000 1,95,000 98,000 11,54,000 Other fixed Assets Stock Debtors Cash at bank Total 9,43,000 The following adjustment the company faces during the year. 11,54,000 Total Dividend Rs. 30,000 was paid during the year. An old machinery costing 1,20.000 was sold for 1,00,000 and the depreciation Rs 50,000.
Example (1): You have the following data: Details 12/31/2020 1/1/2020 60000 80000 40000 150000 15000 50000 10000 20000 Fund Assets Debtors Goods Liabilities Creditors and you have available additional information: 1. Additions to the capital amounted to 100,000 dinars . 2. Withdrawals from the capital amounted to 40,000 dinars. Required: Extracting the result of the activity works on 31/12/2020.
Exercise n°6. Consider this simplified balance sheet for Geomorph Trading: Current liabilities Long-term debt Other liabilities Equity Current assets $ 100 $ 60 Long-term assets 500 280 70 190 $ 600 $ 600 a. Calculate the ratio of debt to equity. (Round your answer to 2 decimal places.) b-1. What are Geomorph's net working capital and total long- term capital? b-2. Calculate the ratio of debt to total long-term capital. (Round your answer to 2 decimal places.) Exercise n°7. Magic Flutes has total receivables of $3,000, which represent 20 days' sales. Total assets are $75,000. The firm's operating profit margin is 5%. Assume a 365-day year. 3/4 a. What is the firm's sales-to-assets ratio? (Round your answer to 2 decimal places.) b. What is the firm's return on assets? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Exercise n°8. a. If a firm's assets of $10,000 represent 200 days' sales, what is its annual sales? Assume a 365-day…
Problem 2 You are the controller for 21" Century Technologies. Your staff has prepared an income statement for the current year and has developed the following additional information by analyzing changes in the company's balance sheet accounts. 21 Century Technologies Income Statement For the year ended December 31, 2009 Revenue: Net Sales Interest Revenue Gain on sales of marketable securities Costs and expenses: Costs of goods sold Operating expenses (including depreciation of $225 000) Interest expense Income tax expense Loss on sales of plant assets Net Income 4,800,000 60,000 $1,000 2,430,000 1,860,000 63,000 150,000 18,000 390,000 Additional information: 1. Accounts receivable increased by $90 000 2. Accrued interest receivable decreased by $3 000 3. Inventory decreased by $90 000 and accounts payable to suppliers of merchandise decreased by $24 000 4. Short-term prepayments of operating expenses increased by $9 000 and accrued liabilities for operating expenses decreased by $12…