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Business
Accounting
Particulars Current assets: Cash in hand and at bank Stock of raw material Stock of Finished products and process stock Stock of Store and spares Debtors Fixed assets Total Current liabilities Debenture secured Unsecured Loans-Banks Reserve and surplus Profit and loss a/c before providing for taxation and dividends Equity shares Rs. 100 each 10% Preference shares Rs. 100 each Total 31.03.16 31.03.17 5.00 12.00 30.00 3.00 40.00 90.00 180.00 20.00 60.00 15.00 30.00 15.00 20.00 20.00 180.00 300.00 15% 10.00 18.00 35.00 4.00 50.00 110.00 Current ratio Debtors turnover ratio (Assume 75% of the sales is on credit) Debt Equity Ratio (Assume unsecured loan is for long term). Ratio of fixed assets to shareholders' funds 227.00 32.00 60.00 40.00 32.50 22.50 20.00 20.00 227.00 360.00 18% 31.03.18 20.00 20.00 25.00 5.00 50.00 120.00 240.00 30.00 60.00 45.00 38.75 26.25 20.00 20.00 240.00 Sales Gross profit The company earned the net profit before providing for income tax at 50 paise per rupee. Equity shareholders to get dividends 50% more than preference shareholders. Calculate the following ratios and comments thereon 400.00 20%

Particulars Current assets: Cash in hand and at bank Stock of raw material Stock of Finished products and process stock Stock of Store and spares Debtors Fixed assets Total Current liabilities Debenture secured Unsecured Loans-Banks Reserve and surplus Profit and loss a/c before providing for taxation and dividends Equity shares Rs. 100 each 10% Preference shares Rs. 100 each Total 31.03.16 31.03.17 5.00 12.00 30.00 3.00 40.00 90.00 180.00 20.00 60.00 15.00 30.00 15.00 20.00 20.00 180.00 300.00 15% 10.00 18.00 35.00 4.00 50.00 110.00 Current ratio Debtors turnover ratio (Assume 75% of the sales is on credit) Debt Equity Ratio (Assume unsecured loan is for long term). Ratio of fixed assets to shareholders' funds 227.00 32.00 60.00 40.00 32.50 22.50 20.00 20.00 227.00 360.00 18% 31.03.18 20.00 20.00 25.00 5.00 50.00 120.00 240.00 30.00 60.00 45.00 38.75 26.25 20.00 20.00 240.00 Sales Gross profit The company earned the net profit before providing for income tax at 50 paise per rupee. Equity shareholders to get dividends 50% more than preference shareholders. Calculate the following ratios and comments thereon 400.00 20%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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i. ii. iii. iv. March 2018. Particulars Current assets: Cash in hand and at bank Stock of raw material Stock of Finished products and process stock Stock of Store and spares Debtors Fixed assets Total Current liabilities Debenture secured Unsecured Loans-Banks Reserve and surplus Profit and loss a/c before providing for taxation and dividends Equity shares Rs. 100 each 10% Preference shares Rs. 100 each Total 31.03.16 Sales Gross profit 5.00 12.00 30.00 3.00 40.00 90.00 180.00 20.00 60.00 15.00 30.00 15.00 20.00 20.00 180.00 (Rupees in lakis 31.03.17 Current ratio Debtors turnover ratio (Assume 75% of the sales is on credit) Debt Equity Ratio (Assume unsecured loan is for long term). Ratio of fixed assets to shareholders' funds 10.00 18.00 35.00 4.00 50.00 110.00 227.00 32.00 60.00 40.00 32.50 22.50 20.00 20.00 227.00 31.03.18 20.00 20.00 25.00 5.00 50.00 120.00 240.00 30.00 60.00 45.00 38.75 26.25 20.00 20.00 240.00 300.00 360.00 15% 18% The company earned the net profit before providing for income tax at 50 paise per rupee. Equity shareholders to get dividends 50% more than preference shareholders. Calculate the following ratios and comments thereon 400.00 20%
Transcribed Image Text:i. ii. iii. iv. March 2018. Particulars Current assets: Cash in hand and at bank Stock of raw material Stock of Finished products and process stock Stock of Store and spares Debtors Fixed assets Total Current liabilities Debenture secured Unsecured Loans-Banks Reserve and surplus Profit and loss a/c before providing for taxation and dividends Equity shares Rs. 100 each 10% Preference shares Rs. 100 each Total 31.03.16 Sales Gross profit 5.00 12.00 30.00 3.00 40.00 90.00 180.00 20.00 60.00 15.00 30.00 15.00 20.00 20.00 180.00 (Rupees in lakis 31.03.17 Current ratio Debtors turnover ratio (Assume 75% of the sales is on credit) Debt Equity Ratio (Assume unsecured loan is for long term). Ratio of fixed assets to shareholders' funds 10.00 18.00 35.00 4.00 50.00 110.00 227.00 32.00 60.00 40.00 32.50 22.50 20.00 20.00 227.00 31.03.18 20.00 20.00 25.00 5.00 50.00 120.00 240.00 30.00 60.00 45.00 38.75 26.25 20.00 20.00 240.00 300.00 360.00 15% 18% The company earned the net profit before providing for income tax at 50 paise per rupee. Equity shareholders to get dividends 50% more than preference shareholders. Calculate the following ratios and comments thereon 400.00 20%
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