Ask Question, Ask an Expert


Ask Financial Management Expert

problem 1: prepare a comparative note on the Accounting Standards and Accounting conventions and Accounting Concepts.

problem 2: Describe cash flow and funds flow analysis with appropriate ex from an existing corporate entity for at least three years that is, 2008, 2009 and 2010.

problem 3: Prepare format of Profit and Loss account and Balance Sheet as per latest guidelines of companies act.

problem 4: A proforma cost sheet of a company provides the given particulars:

Elements of Cost 
Material   40% 
Direct Labor 20% 
Overheads 20%

The given further particulars are available:

a) It is proposed to maintain a level of activity of 2,00,000 units.

b) Selling price is Rs.12 per unit.

c) Raw materials are expected to remain in stores for an average period of one month.

d) Materials will be in process, on averages half a month.

e) Finished goods are needed to be in stock for an average period of one month.

f) Credit permitted to debtors is two months.

g) Credit permitted by suppliers is one month.

You might suppose that sales and production follow a consistent pattern.

You are required to make a statement of working capital requirements, a forecast Profit and loss account and Balance Sheet of the company.

20_balance sheet.jpg

problem 5: From the given particulars make a cost sheet and show what the amount of the quotation would be if 20% on selling price.

1253_preparing cost sheet.jpg

The company is intending to send a quotation for a big plant. The estimated material cost is Rs.50,000, wages Rs.30,000.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M93956

Have any Question? 

Related Questions in Financial Management

As a financial analyst you are tasked with evaluating a

As a financial analyst, you are tasked with evaluating a capital budgeting project. You were instructed to use the IRR method and you need to determine an appropriate hurdle rate. The risk-free rate is 4% and the expecte ...

Objectives apply underlying accounting concepts evaluate

Objectives : Apply underlying accounting concepts; evaluate business operations; construct a balance sheet) Nancy Boyd is a realtor. She organized her business as a corporation on September 16, 2015. The business receive ...

Professor wendy smith has been offered the following

Professor Wendy Smith has been offered the following? opportunity: A law firm would like to retain her for an upfront payment of $49000. In? return, for the next year the firm would have access to eight hours of her time ...

Extracted from global business today 5th ed by charles

Extracted from Global Business Today 5th ed, By Charles W.L.Hill Case 1: (see page 152-153) In 1998, the large Texas-based oil and gas service firm Halliburton acquired Dresser Industries. Among other businesses, Dresser ...

Mvp games inc has hired you to perform a feasibility study

M.V.P. Games, Inc., has hired you to perform a feasibility study of a new video game that requires an initial investment of $7.9 million. M.V.P. expects a total annual operating cash flow of $1.39 million for the next 10 ...

How is valuation utilized in corporate finance and why is

How is valuation utilized in corporate finance and why is valuation critical? What are the risks in the valuation process of valuation and equity research? It might be observed that to profit from valuation and equity re ...

Js and co has estimated quarterly sales for next year

J.S. and Co. has estimated quarterly sales for next year, starting with Quarter 1, of $13,800, $15,200, $17,300, and $16,500. Purchases are equal to 65 percent of the following quarter's sales. What is the cash outlay fo ...

If you put up 43000 today in exchange for a 625 percent

If you put up $43,000 today in exchange for a 6.25 percent, 15-year annuity, what will the annual cash flow be? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Beckman engineering and associates bea is considering a

Beckman Engineering and Associates (BEA) is considering a change in its capital structure. BEA currently has $20 million in debt carrying a rate of 7%, and its stock price is $40 per share with 2 million shares outstandi ...

An accounting firm is capable of processing 20 ez tax forms

An accounting firm is capable of processing 20 EZ tax forms per day and the average number of forms on-hand in the office is 64 forms. What is the average processing time per EZ tax form?

  • 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