Financial Statements Questions

Which one of the following items will be added in debit balance of cash book in the preparation of bank reconciliation statement?

How sale of equipment Rs. $90,000$ (Book value Rs. $1,00,000$) should be shown in the cash flow statement?

Which one of the following statement is false?

If the net operating profit of the business is Rs. $90,000$ and the debtors have decreased during the year by Rs. $40,000$. Cash from operations is:

According to AS-3, cash proceeds from issue of share is:

Cash flow statement helps in which form of financial planning?

Which one higher ratio is not favourable?

Financial statements are:

Collections from book debts:

Long-term solvency is indicated by:

A low stock turnover ratio indicates:

What is Gross Profit Ratio if?Total sales Rs. $6,00,000$ Sales returns Rs. $50,000$ Cost of goods sold Rs. $4,40,000$

Common size statements are the form of:

The comparative financial statements show:

Which one of the following is not true?

Which one of the following statements is true?

The main objective of common size statement of profit and loss is:

If a machinery is purchased, how will it be treated while preparing the cash flow statement as per AS-3 (Revised)?

Which items are not added to the net profit for calculating cash from operating activities?(I) Interest and dividend received(II) Transfer to reserves(III) Discount on issue of shares(IV) Loss on sale of fixed assets

Which one of the following is not a 'Cash Outflow'?

Debt-equity ratio is a sub-part of:

When the ratio is low, the firm is said to have favourable indication.

Which one of the following activities relate to financing activities?

Cash from operations will be ifTotal sales Rs. $5,00,000$ Credit sales Rs. $2,25,000$ Total Purchases Rs. $2,48,000$ Credit Purchases Rs. $1,08,000$ Cash Operating expenses Rs. $40,000$

Cash payment to and on behalf of employees is:

What is gross profit ratio?Gross sales Rs. $7,60,000$ Sales returns Rs. $40,000$ Net Profit after interest Rs. $40,000$ Indirect expenses Rs. $60,000$ Interest paid on debentures Rs. $20,000$

Current ratio is $2:5$, current liabilities Rs. $25,000$, the amount of current assets will be:

Vertical analysis uses financial data of a company for:

Comparative statements are the form of:

Horizontal analysis is known as: