Financial Statements PYQ — Page 5

Match List-I with List-II | List-I | List-II | |---|---| | (A) Reserves and Surplus | (I) Share Options Outstanding Account | | (B) Non-current Liabilities | (II) Long term provisions | | (C) Current Liabilities | (III) Short-term borrowing | | (D) Shareholder's Fund | (IV) Calls in arrear | Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Cash from Operating Activities | (I) Dividends paid on equity and preference capital. | | (B) Cash from Financing Activities | (II) Cash receipts from sale of goods and the rendering of services | | (C) Cash from Investing Activities | (III) Bank balance | | (D) Cash and cash equivalents | (IV) Cash receipt from disposal of fixed assets including intangibles. | Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Liquidity Ratio | (I) Interest Coverage Ratio | | (B) Profitability Ratio | (II) Acid-Test Ratio | | (C) Solvency Ratio | (III) Fixed Assets Turnover Ratio | | (D) Activity ratios | (IV) Return on Capital Employed Ratio | Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Operating activity | (I) Bank | | (B) Investing activity | (II) Redemption of preference shares | | (C) Financing activity | (III) Purchase of machinery | | (D) Cash equivalents | (IV) Cash receipt from trade receivables. | Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Cash Outflows from financing activities | (I) Redemption of debentures | | (B) Cash Inflows from operating activities | (II) Current Investment | | (C) Cash and cash equivalents | (III) Cash from royalties, fees, commissions and other revenues | | (D) Cash Inflows from investing activities | (IV) Cash receipt from disposal of fixed assets including intangibles | Choose the correct answer from the options given below:

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:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Shareholders fund | (I) Long-term loans and advances | | (B) Non-current Liabilities | (II) Reserves and Surplus | | (C) Current Liabilities | (III) Long term provisions | | (D) Non-Current Assets | (IV) Trade payables | Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Comparative Statements | (I) These are the 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. | | (B) Common Size Statements: | (II) It is a technique of studying the operational results and financial position over a series of years. | | (C) Trend Analysis | (III) It describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm. | | (D) Ratio Analysis | (IV) These are the 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. | Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Liquidity Ratio | (I) Inventory Turnover ratio | | (B) Solvency Ratio | (II) Quick Ratio | | (C) Activity (or Turnover) Ratio | (III) Price earning ratio | | (D) Profitability Ratio | (IV) Total asset to debt ratio | Choose the correct answer from the options given below:

Liquid Ratio is also known as: (A) Current Ratio (B) Quick Ratio (C) Acid- Test Ratio (D) Working Capital Ratio Choose the correct answer from the options given below:

In order to bring clarity regarding the identity of ultimate owners of the company, disclosure of shares in the company held by each shareholder is required, holding more than _____ shares, specifying the number of shares held.

If, Total assets = Rs. 3,00,000 Non-current liabilities = Rs. 80,000 Shareholders fund = Rs. 2,00,000 Non-current assets: Fixed assets = Rs. 1,60,000 Non-current investments = Rs. 1,00,000. Then, Current Ratio is:

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:

If the net profits earned during the year is Rs. 50,000 and the amount of debtors at the beginning and the end of the year is Rs. 10,000 and Rs. 20,000 respectively, then the cash from operating activities will be equal to:

Higher turnover ratio means:

Gross profit ratio of a company was 25%, its credit revenue from operations was Rs. 20,00,000 and its cash revenue from operations was 20% of the total revenue from operations. If the indirect expenses of the company was Rs. 50,000. Calculate its net profit.

Goods costing Rs.80,000/- were sold at a profit of 20% on sales. the amount of gross profit on this sales is.

Given the following information: | Particulars | Amount (Rs.) | |---|---| | Revenue from Operations | 3,40,000 | | Cost of Revenue from Operations | 1,20,000 | | Selling expenses | 80,000 | | Administrative Expenses | 40,000 | Calculate Operating ratio.

From the following information, calculate net cash inflow or net cash outflow from financing activities: | | April 1, 2016 | March 31, 2017 | |---|---|---| | Long-term Loans | Rs. 2,00,000 | Rs. 2,50,000 | During the year, the company repaid a loan of Rs. 1,00,000.

From the following details, calculate net profit before tax: Net Profit after tax is Rs. 50,000; 15% Long-term debt 12,00,000; Tax rate 20%.

Fixed deposit for the term of five years will come under which of the following?

Financial analysis is useful and important to different users. Which of the following is not the user of Financial analysis:

Excess value of net assets over purchase consideration at the time of purchase of business is credited to

EPS ( Earning per share)-