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Answer in one sentence only. Give the formula of quick assets? - Book Keeping and Accountancy

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प्रश्न

Answer in one sentence only.

Give the formula of quick assets?

एका वाक्यात उत्तर

उत्तर

Quick assets = Current assets – (Stock + Prepaid expense)

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पाठ 9: Analysis of Financial Statements - Exercise 9.1 (Objective Questions) [पृष्ठ ३७६]

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बालभारती Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 9 Analysis of Financial Statements
Exercise 9.1 (Objective Questions) | Q C. 8. | पृष्ठ ३७६

संबंधित प्रश्‍न

Cost of goods sold __________.


From financial statement analysis the creditors are specially interested to know _______.


Give one word/term/phrase for the following statement.

The statement showing profitability of two different periods


Give one word/term/phrase for the following statement.

The ratio measuring the relationship between net profit and ownership capital employed.


State true or false with reason.

Purchase of Fixed Assets is operating cash flow.


State true or false with reason.

Payment of cash against purchase of stock is use of fund.


Answer in one sentence only.

Mention two objectives of comparative statement?


Answer in one sentence only.

State three examples of cash inflows?


From the Balance Sheet of Amar Traders as on 31st March 2018 and 31st, March 2019 prepare comparative Balance Sheet.

Liabilities 31.3.2018 (₹) 31.3.2019 (₹) Assets 31.3.2018 (₹) 31.3.2019 (₹)
Capital 60,000 72,000 Fixed Assets 1,20,000 1,50,000
Reserves and Surplus 24,000 30,000 Current Assets 28,000 27,000
Loans 34,000 51,000      
Creditors 30,000 24,000      
  1,48,000 1,77,000   1,48,000 1,77,000

From the following Balance Sheet of Alpha Limited prepare a comparative Balance Sheet as on 31st March 2018 and 31st March 2019.

Balance Sheet As on 31st March 2018 and 31st March 2019
Liabilities 31.3.2018 (₹) 31.3.2019 (₹) Assets 31.3.2018 (₹) 31.3.2019 (₹)
Equity Share Capital 2,00,000 2,50,000 Land 80,000 1,00,000
12% Preference Shares 80,000 80,000 Building 60,000 90,000
Reserves and Surplus 1,00,000 1,40,000 Plant and Machinery 73,000 1,73,000
15% Debentures 60,000 51,000 Stock 1,50,000 1,10,000
Creditors 50,000 80,000 Debtors 1,28,000 1,40,000
Bills Payable 10,000 6,000 Bank 34,000 37,000
Provision for Taxation 25,000 43,000      
  5,25,000 6,50,000   5,25,000 6,50,000

Current Assets of Company ₹ 6,00,000 and its Current Ratio is 2:1

Find Current Liabilities


Prepare comparative Income Statement of Sourabh Limited for the year ended 31.3.17 and 31.3.18

Particulars 31.3.17 (₹) 31.3.18 (₹)
Sales 4,00,000 6,00,000
Indirect Expenses 16,000 24,000
Cost of Sales 24,000 56,000
Income Tax 50% 50%

Following is the Balance Sheet of Sakshi Traders for the year ended 31.3.17 and 31.3.18

Liabilities 31.3.17 (₹) 31.3.18 (₹) Assets 31.3.17 (₹) 31.3.18 (₹)
Equity Share Capital 80,000 80,000 Fixed Assets 1,20,000 1,44,000
Pref. Share Capita 20,000 20,000 Investment 20,000 20,000
Reserve & Surplus 20,000 24,000 Current Assets 60,000 48,000
Secured Loan 40,000 16,000      
Unsecured Loan 20,000 36,000      
Current Liabilities 20,000 36,000      
  2,00,000 2,12,000   2,00,000 2,12,000

Prepare common-size Balance Sheet for the year 31.3.17 and 31.3.18


Prepare common size Income Statement for the year ended 31.3.17 and 31.3.18.

Particulars 31.3.17 (₹) 31.3.18 (₹)
Sales 2,00,000 2,50,000.
Cost of goods sold 1,50,000 1,70,000
Office and Administrative Expenses 4,000 6,000
Selling and Distubution Expenses 6,000 1,000

Which of the following tools of financial statement analysis is suitable when data relating to several years are to be analysed?


Which of the following is not a tool of financial statement analysis?


List the tools of financial statement analysis.


What is working capital?


Write a short note on cash flow analysis?


From the following balance sheets of Mr. Shubham as on 1st April. 2019 & 31st March 2020. Prepare the cash flow statement.

Liabilities 1st April
2019 (₹) 
31st March 2020 (₹)    Assets 1st April 2019 (₹)  31st March 2020 (₹) 
Capital 1,48,000  1,49,000 Stock 25,000 22,000
Sundry Creditors 36,000 41,000 Debtors 35,000 38,400
Long Term Loan 30,000 45,000 Cash 4,000 3,600
      Buildings 50,000 55,000
      Machinery 80,000 86,000
      Land 20,000 30,000
  2,14,000  2,35,000   2,14,000 2,35,000

From the following Information, prepare Comparative Income Statement of Shri Shalni Ltd.

Particulars 2018
2019
Sales 6,00,000 4,50,000
Sales Return 1,00,000 50,000
Gross Profit ratio 40% 50%
Office and Admin
Expenses
50,000 40,000
Selling and Distribution
Expenses
50,000 40,000
Other income 25,000 15,000
Other Expenses 5,000 5,000
Tax rate 50% 50%

The short-term deposits are ______.


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