Insurance claim received.......
2,500
Answers
the net income reported on the income statement for the year was Rs.1,10,000 and depreciation of fixed assets for the year was Rs.44,000. The balances of the current asset and current liability accounts at the beginning and end of the year are as follows:
End of the Year (Rs.) Beginning of the Year ( Rs.) Cash Debtors Inventories
Prepaid Expenses Accounts Payable 1,30,000
2,00,000
2,90,000
15,000
1,02,000
1,40,000
1,80,000
3,00,000
16,000
1,16,000
Calculate total cash from operation activities.
(b) From the following particulars, you are required to calculate : (i) Current Ratio (ii) Net Profit Ratio (iii) Gross Profit Ratio Net Sales : Rs.1,40,000; Gross Profit :Rs.10,000; Net Profit :Rs.6,000; B/R : Rs.2000 ;
Debtors:Rs.8,000; Stock: Rs.10, lelele lolololol000; Cash: Rs.6000; Creditors:Rs.12,000; B/P:Rs.8,800