Read the following data and answer all the questions below: MRF, the leading automobile tyre manufacturing company has presented the Balance Sheet and Incame Statement of twa years. Using the information given below and additional information providod in the question, answer the foliowing questions. You can prepare Du Pont Charl using the Templale provided and keep it ready before answering the questions. Balance Sheet; MRF Ltd: Year 2016 Year 2015 Balance Sheet Sharctiolders 407183.30 370845.80 Fund Non-current 90654.00 $3415.60 Liabilities Current 172859.80 401775.20 Liabililies Total Capital 970697.10 869037.60 and Llabilities Fixed Assets 76685.90 79814.0 Other Non 231175.60 205215.10 curreni Assets Total Non- 307861.50 285029 10 current Assets Current 662835.60 58430a.50 Assets Tatal Assete 970697.10 869037.60 Profit and Loss Statement MRF Ltd: Profit and Year 2016 Year 2015 Loss Statement Revenue 621855.80 593007.80 536088.30 505295.40 Operating Dxpenses Profit Before 85767.50 a7712.40 Depreciation, Inerest and Taxes Depreciation 9988.80 10001.50 Profit Before 75/78.70 776:10.90 Interest and Tuxes Inn.cresl 14490.40 14190.30 Expenses Profit Hefore 61788.30 63440.60 Тахes Taxes 13776.50 16450.10 Profk Alter 47511.80 46990.20 Тах
Read the following data and answer all the questions below: MRF, the leading automobile tyre manufacturing company has presented the Balance Sheet and Incame Statement of twa years. Using the information given below and additional information providod in the question, answer the foliowing questions. You can prepare Du Pont Charl using the Templale provided and keep it ready before answering the questions. Balance Sheet; MRF Ltd: Year 2016 Year 2015 Balance Sheet Sharctiolders 407183.30 370845.80 Fund Non-current 90654.00 $3415.60 Liabilities Current 172859.80 401775.20 Liabililies Total Capital 970697.10 869037.60 and Llabilities Fixed Assets 76685.90 79814.0 Other Non 231175.60 205215.10 curreni Assets Total Non- 307861.50 285029 10 current Assets Current 662835.60 58430a.50 Assets Tatal Assete 970697.10 869037.60 Profit and Loss Statement MRF Ltd: Profit and Year 2016 Year 2015 Loss Statement Revenue 621855.80 593007.80 536088.30 505295.40 Operating Dxpenses Profit Before 85767.50 a7712.40 Depreciation, Inerest and Taxes Depreciation 9988.80 10001.50 Profit Before 75/78.70 776:10.90 Interest and Tuxes Inn.cresl 14490.40 14190.30 Expenses Profit Hefore 61788.30 63440.60 Тахes Taxes 13776.50 16450.10 Profk Alter 47511.80 46990.20 Тах
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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In 2016, the liquidity position of MRF has
A. Improved further
B. Deteriorated further
C. Not changed
D. Turned negative
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