Financial Statements PYQ — Page 3

Which of following is not Cash Inflows from Investing Activities

The two basic measures of liquidity are:

Which of the following is not a constituents of the credit policy of a business firm?

Match List-I with List-II | List-I | List-II | |---|---| | (A) Statements which indicate the relationship of different items of a financial statement with a common item by expressing each item as a percentage of that common item | (I) Trend Analysis | | (B) Technique of studying the operational results and financial position over a series of years. | (II) Comparative Statements | | (C) Statements showing the profitability and financial position of a firm for different periods of time in a comparative form to give an idea about the position of two or more periods | (III) Ratio Analysis | | (D) Describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm | (IV) Common-Size Statements | Choose the correct answer from the options given below:

Which of following is not Cash Inflows from Investing Activities

Quick Ratio of the firm is:

Which market conditions enable firms to earn higher profits?

Match List-I with List-II | List-I | List-II | |---|---| | (A) Liquidity Ratio | (I) Trade payable Turnover Ratio | | (B) Solvency Ratio | (II) Quick Ratio | | (C) Activity Ratio | (III) Proprietary Ratio | | (D) Profitability Ratio | (IV) Price earning ratio | Choose the correct answer from the options given below:

To assess the long term solvency of the business, which of the following ratios are needed? (A) Interest coverage ratio (B) Proprietary ratio (C) Acid test ratio (D) Debt to capital employed ratio Choose the correct answer from the options given below:

Value of reserves and surplus on 31 March 2024 stood at

Arrange the following in correct sequence in preparation of the Balance sheet of a company. (A) Non-current Liabilities (B) Shareholder's Funds (C) Current Liabilities (D) Contingent liabilities Choose the correct answer from the options given below: 1. (D), (B), (C), (A) 2. (B), (A), (C), (D) 3. (B), (A), (D), (C) 4. (C), (B), (D), (A)

Arrange the following steps in the correct sequence while calculating the cash flow from operating activities: (A) Add in profit deductions already made in the Statement of Profit and Loss on account of non-cash items (B) Calculate Operating Profit before Working Capital changes (C) Deduct additions (incomes) made in the Statement of Profit and Loss on Account of Non-operating items (D) Calculate Net Profit/Loss before Tax and Extraordinary Items Choose the correct answer from the options given below:

The two basic measures of liquidity are:

Which of the following is True about analysis of financial statements- (A) The financial statements of a business enterprise include cash flow statement. (B) Financial analysis is used only by the creditors. (C) Comparative statements are the form of horizontal analysis. (D) Financial analysis helps an analyst to arrive at a decision. Choose the correct answer from the options given below:

ABC Ltd. has given you the following information: | | Rs. | |---|---| | Machinery as on April 01, 2024 | 50,000 | | Machinery as on March 31, 2025 | 60,000 | | Accumulated Depreciation on April 01, 2024 | 25,000 | | Accumulated Depreciation on March 31, 2025 | 15,000 | During the year, a Machine costing Rs. 25,000 with Accumulated Depreciation of Rs. 15,000 was sold for Rs. 13,000. Calculate cash flow from Investing Activities on the basis of the above information.

Match List-I with List-II | List-I | List-II | |---|---| | (Book/Theory proposed/Characteristic, etc.) | (Author/Thinker/Name of Theory, etc.) | | (A) comparative statement | (I) study the operational results over the series of years. | | (B) common size statement. | (II) express the relationship between various items of financial statement. | | (C) trend analysis. | (III) study the relationship between two or more years. | | (D) ratio analysis. | (IV) express each item as a percentage of the common base or item. | Choose the correct answer from the options given below:

Arrange the following in correct sequence of appearance in a cash flow statement (A) Cash and cash equivalents at the end (B) Cash flows from operating activities (C) Cash flows from investing activities (D) Cash flows from financing activities Choose the correct answer from the options given below:

Cash Inflows from Financing Activities does not include-

If the net profits made during the year are Rs. 50,000 and the bills receivables have decreased by Rs. 10,000 during the year, then the cash flow from operating activities will be equal to:

Which technique is used to assess profitability, solvency and efficiency of an enterprise through the technique of ratio analysis?

Current liabilities does not include:

Average Trade payables is-

P/E Ratio (Price Earning Ratio)

Which among the following is NOT TRUE about the financial statement?