CUET UG Accountancy — Financial Statements previous year questions with solutions.
Common size statements are the form of:
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 Statement are also known as:
The term Financial Analysis includes
Match List I with List II | List I | List II | |---|---| | A. Intangible Assets | I. Provision for taxation | | B. Short term provision | II. Trade creditor | | C. Long term borrowings | III. 10% debentures | | D. Current liabilities | IV. Goodwill | Choose the correct answer from the options given below:
The ratios calculated to measure the short term commitments of business is
Identify the Cash Outflow from Financing Activity
Cash Advance and Loan made to third party (other than made by financial enterprise) is
Purchase of goodwill is considered in _______ activity while making Cash Flow Statement.
Interest paid on debentures by a manufacturing company would be
Match List I with List II | List I | List II | |---|---| | A. Operating Activities | I. Issue of shares | | B. Investing Activities | II. Bank Balance | | C. Financing Activities | III. Sale and purchase of goods and services | | D. Cash and cash equivalent | IV. Buying of fixed assets | Choose the correct answer from the options given below:
Dividend received by Hero Ltd. would be _______ activity
Amount of Security Premium Reserve will be shown in
Dividend paid by TATA Ltd. is which activity for the company?
A low stock turnover ratio indicates:
What is the Cash flow from investing activities?
If there are Fixed assets of Rs.10,00,00 Current assets of Rs.6,00,000, Current liabilities of Rs.3,00,000 and Net profit before Interest and Tax of Rs.2,60,000; then Return on Investment will be:
Make the right combination of the ratios that enables to find the short term liquidity A. Return on Equity B. Acid Test Ratio C. Sacrificing Ratio D. Inventory Turnover Ratio E. Current Ratio Choose the correct answer from the options given below:
A Club has Opening balance of Rs.8,50,000 in Match fund. Donation received for match during the current year amounted to Rs. 4,25,000. Sale of match tickets amounted to Rs. 1,15,000. Match expenses incurred were Rs.14,00,000 Balance in the Match fund at the year end will be:
Operating profit before working capital charges amounted to Rs.85,000. The following further information is given | | 31.3.2020 (Rs.) | 31.3.2019 (Rs.) | |---|---|---| | Cash | 36,000 | 30,000 | | Trade receivable | 18,000 | 12,000 | | Provision for tax | 9,000 | 8,000 | | Trade payables | 20,000 | 16,000 | | Bank over draft | 18,000 | - | The Net cash flow from operating activities after tax is.
Match the following with regard to company's Balance Sheet. | List I | List II | |---|---| | A. Shareholders funds | I. Furniture and Fittings | | B. Current liabilities | II. Prepaid expenses | | C. Current Assets | III. Calls in Advance | | D. Non current assets | IV. Surplus of Balance on statement of P and L | Choose the correct answer from the options given below:
Operating Expenses include A. Rent paid B. Interest paid on loan C. Selling and Distribution Expenses D. Commission Received E. Salaries Paid Choose the correct answer from the options given below:
Match the following with regard to Cash Flow Statement | List I | List II | |---|---| | A. Operating activity | I. Raising of loan | | B. Investing activity | II. Current investment | | C. Financing activity | III. Selling of investment | | D. Cash and Cash equivalent | IV. Buying of raw material | Choose the correct answer from the options given below:
Which of the following ratios is not a profitability ratio?