Financial Statements PYQ — Page 7

To calculate interest coverage ratio; steps followed will be Net Profit after tax Rs. 60,000; 12% Long-term debt 20,00,000; and Tax rate 40%. (A) Calculate Net Profit before tax (B) Divide Net Profit before Interest and Tax by Interest on long-term debt (C) Calculate Net profit before interest and tax (D) Calculate Interest on Long-term Debt Choose the correct answer from the options given below:

The value of long term borrowings as on 31 March 2023

What is the percentage change in share capital

Value of reserves and surplus on 31 March 2024 stood at

What is the value of tangible assets as on 31 March 2024

Percentage change in cash and cash equivalents

Profit after interest and tax is Rs 1,60,000. 10% Long term borrowing Rs 20,00,000 Rate of Tax : 20%. Profit before interest and tax will be .....

A company issued shares of ₹ 3,00,000 to the public. How it will be shown under the Cash Flow Statement.

Cash flow statement is part of financial statements as per The Companies Act 2013 and prepared in accordance with Accounting Standard_____.

Which of the following is not a profitability ratio?

Arrange 'Fixed Assets' in proper order (A) Intangible assets under development (B) Tangible assets (C) Intangible Assets (D) Capital Work in Progress 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:

Arrange the given items in proper order (A) Finance cost (B) purchase of Stock in Trade (C) Cost of material consumed (D) Employee Benefit Expenses Choose the correct answer from the options given below:

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

Which accounting standard is applicable for recognizing intangible assets?

Analysis simply means __________ data.

While preparing financial statements on certain basic assumptions such as going concern, money measurement, and realization etc, they are known as:

Which of the following are the objectives of Ratio Analysis? (A) To know the areas of the business which need more attention. (B) To provide a deeper analysis of the profitability, liquidity, solvency and efficiency levels in the business. (C) To know about the potential areas which can be improved with the effort in the desired direction. (D) To provide information derived from financial statements useful for making projections and estimates for the future. Choose the correct answer from the options given below:

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.

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:

The standard Debt-Equity ratio is

Match List-I with List-II: | List-I | List-II | |---|---| | (Ratio) | (Formula) | | (A) Current ratio | (I) Market Price of a share/EPS | | (B) Operating Margin Ratio | (II) Current Assets/Current Liabilities | | (C) Return on Capital employed | (III) 100 - Operating Ratio | | (D) Price earning ratio | (IV) Profit before interest and tax/Capital employed X 100 | Choose the correct answer from the options given below:

Employee benefit Expenses doesn't include

Profit after tax and interest is Rs 1,60,000. Tax rate is 20% 10% long term borrowing is Rs 20,00,000 Find profit before tax and after interest