Issue and Redemption of Debentures — Accountancy STD 12 Commerce — Question

Average Inventory ₹ 60,000; Inventory Turnover Ratio 5 Times; Selling price 40% above cost. Calculate Gross Profit Ratio.

Complete the missing (?) figures in the following Extract of Balance Sheet:

Compute Cash Flow from Operating Activities from the following information:

Particulars	₹
Net Profit after Provision for Tax nd Payment of Dividend Provision for Tax Final Dividend paid during the year Depreciation Loss on Sale of Machinery Patents Amortised Gain on Sale of Land Income Tax Refund	2,15,000 45,000 50,000 25,000 10,000 30,000 70,000 30,000

State the features of Computerized Accounting system.

State under which major headings and sub-headings will the following items be presented in the Balance Sheet of a company as per Schedule-III, Part-I of the Companies Act, 2013.

1. Prepaid Insurance.
2. Investment in Debentures.
3. Calls-in-arrears.
4. Unpaid dividend.
5. Capital Reserve.
6. Loose Tools.
7. Capital work-in-progress.
8. Patents being developed by the company.

From the following particulars, calculate cash flows form investing activities

Interest received on debentures held as investment ₹ 60,000 Dividend received on shares held as investment ₹ 10,000.
A plot of land had been purchased for investment purposes and was let out for commercial use and rent received ₹ 30,000.

Z Ltd. made a profit of ₹ 20,00,000 after charging Depreciation of ₹ 1,50,000, writing off preliminary expenses off ₹ 10,000 and loss on sale of assets ₹ 30,000. The other information available to you is as follows:
At the end of the year Trade Payables showed an increase of ₹ 45,000; Trade Receivables an increase of ₹ 53,000; Prepaid Expenses decrease of ₹ 2,000; and Outstanding Expenses decrease off ₹ 10,000.
Company decided to distribute ₹ 2,000 school bags free of cost to the students belonging to economically weaker sections of the society.
You are required to:

1. As certain cash flow from operating activities,
2. Identify the values involved.

From the following information and Balance Sheet of Double Tree Ltd. as at 31st March, 2018, calculate Operating Profit before Working Capital Changes: Notes to Account:
Additional Information: Depreciation for the year was ₹ 75,000.

From the following information calculate any two of the following ratios:

1. Net Profit Ratio
2. Debt-Equity Ratio
3. Quick Ratio

Information:

	₹
Paid up Capital	20,00,000
Capital Reserve	2,00,000
9% Debentures	8,00,000
Net Sales	14,00,000
Gross Profit	8,00,000
Indirect Expenses	2,00,000
Current Assets	4,00,000
Current Liabilities	3,00,000
Opening Stock	50,000
Closing Stock ---- 20% more than opening stock

From the following information, calculate the Cash Flow from Investing Activities of X Ltd.

Additional Information:

1. Half of the Non-Current investments held in the beginning of the year were sold at 15% profit.
2. Depreciation on Fixed Assets was ₹ 1,60,000 for the year.
3. Interest received on Non-Current investments: ₹ 50,000.
4. Dividend received on Non-Current investments: ₹ 20,000
5. Rent received: ₹ 25,000.