CUET UG Accountancy — Financial Statements previous year questions with solutions.
Which one of the following statements is true?
Current ratio is 2.5, current liabilities Rs. 25,000, the amount of current assets will be:
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
Cash payment to and on behalf of employees is:
Long-term solvency is indicated by:
Cash from operations will be if Total 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
Which one of the following activities relate to financing activities?
When the ratio is low, the firm is said to have favourable indication.
Debt-equity ratio is a sub-part of:
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
If a machinery is purchased, how will it be treated while preparing the cash flow statement as per AS-3 (Revised)?
The main objective of common size statement of profit and loss is:
Which one of the following items will be added in debit balance of cash book in the preparation of bank reconciliation statement?
Which one of the following is not true?
The comparative financial statements show:
Collections from book debts:
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:
Which one of the following statement is false?
How sale of equipment Rs. 90,000 (Book value Rs. 1,00,000) should be shown in the cash flow statement?
Which among the following are the non-cash items? A. Deferred Tax B. Goodwill write-off C. Depreciation D. Increase in Stock Choose the correct answer from the options given below:
From the following information of I Ltd., calculate Net Increase / Decrease in cash and cash equivalents during the year 2021-22. i) Cash flow from Operating Activities: Rs. 2,35,000 ii) Cash used in investing Activities: Rs. 4,35,000 iii) Cash flow from financing activities: Rs. 2,35,000
Earning Capacity of a Company is measured by:
Separate disclosure of cash flows from ________ activities is important because they represent the extent to which expenditure have been made for resources intended to generate future income and cash flows:
In common size statement, if revenue from operations are Rs. 23,00,000 and other incomes are Rs. 3,00,000, then the percentage of 'Total Revenue from Operations' to 'Revenue from operations' will be: