Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Financial Accounting Expert

problem 1)a) Comparative B/S of ABC Company are given below (Rs Lakhs):

Owners Equities & Liabilities                 2009                      2010
Share capital                                        50                         50
Reserves & Surplus                               60                         70
Long term debt                                     95                         80
Short term bank borrowings                   70                         80
Trade creditors                                      50                         60
Provisions                                              20                        15
Total                                                    345                      355
Assets:       
Net fixed assets                                     180                      190
Inventories                                             70                         60
Debtors                                                  60                         70
Cash                                                      20                          15
Other Current Assets                              15                            20
Total                                                    345                           355

Income statement of ABC company for the year 2010 is as given below (Rs.Lakhs):

Net sales                                             800
Cost of Goods sold:
Stocks                                               300
Wages & Salaries                                105
Other Mfg Expenses                            115                           520
Operating Expenses:                                                            150
Selling, Admn. Expenses                                                       130
Depreciation                                        20
Non-operating Surplus or (Deficit)                                          (50)
Interest                                                                                30
Tax                                                                                      20
Dividends                                                                              20
Retained earnings                                                                   10

Prepare funds flow statement on total resource basis   

b) Create the Du Pont chart of ABC Company for the year 2009 – 2010.

c) State and evaluate different liquidity ratios and leverage ratios for ABC Company.

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M96455

Have any Question? 


Related Questions in Financial Accounting

Assignmentthe current assets and current liabilities

Assignment The current assets and current liabilities sections of the balance sheet of Allessandro Scarlatti Company appear as follows. ALLESSANDRO SCARLATTI COMPANY BALANCE SHEET (PARTIAL) DECEMBER 31, 2014 Cash $ 48,75 ...

Assignmentrecording general fund operating budget and

Assignment Recording General Fund Operating Budget and Operating Transactions. The Town of Bedford Falls approved a General Fund operating budget for the fiscal year ending June 30, 2017. The budget provides for estimate ...

1 accrual income versus cash flow for a period thomas book

1. Accrual income versus cash flow for a period Thomas Book Sales, Inc., supplies textbooks to college and university bookstores. The books are shipped with a proviso that they must be paid for within 30 days but can be ...

Assignmenti structuring a keep-or-drop product line

Assignment: I. Structuring a Keep-or-Drop Product Line Problem Shown below is a segmented income statement for Orzo Company's three laminated flooring product lines:   Strip Plank Parquet Total Sales revenue $400,000 $20 ...

1-describe in detail the guidelines used for leading

1-Describe in detail the guidelines used for leading decision group meetings. 2-Explain leadership in? self-managed teams and the differences between internal and external leadership roles.

1 what are the responsibilities of the risk manager in

1. What are the responsibilities of the risk manager in workers' compensation? 2. What role does employee safety play in risk management? 3. How does discrimiantion in the workplace impact managers / supervisors? 4. What ...

Determine how you would segment the market to conduct

Determine how you would segment the market to conduct research for the health care product or service you found. Explain your rationale. Referring to the same health care product or service, determine the most effective ...

Select a violent female offender 2 pages bull describe the

Select a violent female offender 2 pages • Describe the violent female offender you selected. • Describe any social, environmental, psychological, and/or biological factors that may have contributed to the crime and expl ...

Question 1 which of the following results in an increase in

Question 1. Which of the following results in an increase in the investment account using the equity method? Unrealized gain on intercompany inventory transfers for the current year Sale of a portion of the investment du ...

Assignmentfreds electrical inc sells electrical parts to

Assignment Fred's Electrical, Inc. sells electrical parts to electrical contractors in the northwestern United States. Fred's customers mail their payments - attached to the stub (i.e., remittance advice [RA]) from their ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro