From the following Balance Sheets of Vijaya Ltd. as on 31-3-2009 and 31-3-2010 prepare a Cash Flow Statement.
|
Liabilities |
31-3-2009 (Rs) |
31-3-2010 (Rs) |
Assets |
31-3-2009 (Rs) |
31-3-2010 (Rs) |
|
Share Capital General Reserve Profit & loss account Trade Creditors
|
45,000 15,000 10,000 8,700 |
65,000 27,500 15,000 11,000 |
Fixed Assets Stock Debtors Cash Preliminary expense |
46,700 11,000 18,000 2,000 1,000 |
83,000 13,000 19,500 2,500 500
|
|
|
78,700 |
1,18,500 |
|
78,700 |
1,18,500 |
Additional Information:
(i) Depreciation on Fixed Assets for the year 2009-2010 was Rs. 14,700.
(ii) An interim dividend Rs. 7,000 has been paid to the shareholders during the year.
Cash Flow Statement
(For the year ended 31st March 2010)
|
Particulars |
Rs |
Rs |
||
|
(A) Cash Flow from Operating Activities :–
Net Profit Before Tax
Adjustment: Add 1. Depreciation on Fixed Assets
2. written off Preliminary Expenses
Operating Profit Before Changes in Working Capital
Less : Increase in Current Assets
Stock
Debtors
Add: Increase in Current Liabilities
Trade Creditors
Cash Flow from Operating Activities :–
(B). Cash Flow from Investing Activities:
Purchase of Fixed Assets
Net Cash Used in Investing Activities :–
(C). Cash Flow from Financing Activities:
Payment of Interim Dividend
Cash Flow from Financing Activities:
Net Increase in Cash & Cash Equivalent
Add: Opening Balance of Cash & Cash Equivalent
Closing Balance of Cash & Cash Equivalent |
|
|
||
|
24500
14700
500
|
(51000)
13000
|
|||
|
39700
(2000)
(1500)
2300
|
||||
|
(51000)
|
||||
|
20000
(7000) |
||||
|
|
||||
|
500
2000
|
||||
|
2500 |
||||
Working Note: Calculation of net profit before tax
|
Net profit as per profit and loss account (15000-10000) Add transfer to general reserve Interim dividend paid during the year Net profit before tax |
5000 12500 7000 |
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|
24500 |
|||||||||||||
|
Fixed asset account
|
|
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From the following information, calculate any two of the following ratios:
(a) Debt-Equity Ratio
(b) Working Capital Turnover Ration and
(c) Return on Investment
Information: Equity Share capital Rs 50,000, General Reserve Rs 5,000; Profit and Loss
Account after tax and interest Rs 15,000; 9% Debenture Rs 20,000; Creditors Rs 15,000; Land and Building Rs 65,000; Equipment Rs 15,000; Debtors Rs 14,500 and Cash Rs 5,500. Discount on issue of shares Rs 5,000
Sales for the year ended 31-3-2011 was Rs 1,50,000. Tax rate 50%.
From the following information related to Naveen Ltd. calculate
Return on Investment
Information: Fixed Assets Rs 75,00,000; Current Assets Rs 40,00,000; Current Liabilities Rs 27,00,000; 12% Debentures Rs 80,00,000 and Net Profit before Interest, Tax and Dividend Rs 14,50,000.
From the following information related to Naveen Ltd. calculate
Total Assets to Debt Ratio
Information: Fixed Assets Rs 75,00,000; Current Assets Rs 40,00,000; Current Liabilities Rs 27,00,000; 12% Debentures Rs 80,00,000 and Net Profit before Interest, Tax and Dividend Rs 14,50,000.
The motto of Yash Ltd., an advertising company is 'Service with Dignity'. Its management and work force is hard-working, honest and motivated. The net profit of the company doubled during the year ended 31-3-2014. Encouraged by its performance company decided to give one-month extra salary to all its employees. Following is the Comparative Statement of Profit and Loss of the company for the years ended 31st March 2013 and 2014.
(a) Calculate Net Profit Ratio for the years ending 31st March, 2013 and 2014.
(b) Identify any two values which Yash Ltd. is trying to propagate.
