55. The following information is provided by A Ltd., for the year ended March 31, 2013 Particulars z Share capital 18,00,000 Creditors 2,25,000 Reserves and surplus 4,50,000 Secured loans 3,75,000 Scanned with CamScannerThe shareholders’ funds were (a) € 16,50,000 (b) & 18,75,000 (c) % 20,25,000 (Sar 22,50,000 The total of application of funds of A Ltd,, amounted to @ 35,00,000 and ts loan funds amoung, to €25,00,000. The shareholders funds of R Lid., were (a) 60,00,000 (b) & 5,00,000 ) ¥ 10,00,000 (a) & 30,00,000 X Ltd., furnished the following information : Particulars z Fixed assets 30,00,000 Current assets 12,00,000 Investments 16,00,000 Current liabilities 8,00,000 Secured loans 4,00,000 The total of ‘Sources of funds’ of X Ltd., is. € 50,00,000 (b) % 58,00,000 (c) % 42,00,000 (a) % 56,00,000 S Ltd., presented the following information : Particulars z Shareholder's fund 12,50,000 Loan funds 10,50,000 Fixed assets 9,50,000 Investments 10,00,000 Net current assets 3,50,000 The total of the balance sheet of S Ltd., (under vertical analytical format) was ) % 23,00,000 (b) % 22,00,000 (c) % 20,00,000 (d) % 25,00,000 H Lid., presented the following information Particulars z General reserve 45,00,000 Sinking fund 66,00,000 Proposed dividend 7,50,000 Securities premium 90,00,000 Capital redemption reserve 58,00,000 a total of Reserves & Surplus of H Ltd., was a) ) & 2,59,00,000 (b) & 1,69,00,000 (c) % 79,00,000 (d) % 20,10,000 The following balances are extracted from the books of R Ltd.: Particulars 2012-13 2011-12 Current liabilities 6,000 24,000 Current assets 38,000 32,000 Compared to 2011-12, the working capital in 2012-13 has (a) Increased by % 32,000 (b) Decreased by 32,000 (c) Decreased by € 24,000 Ad) Increased by % 24,000 K Ltd., furnished the following information for the year 2012-13 Particulars z Sales 45,50,000 Increase instock 4,50,000 Depreciation 7,50,000 Operating expenses 34,00,000 Non-operating income 2,05,000 The Profit Before Tax (PBT) of K Ltd., for the year 2012-13 was 10,55,000 (b) % 52,05,000 “eh % 18.05.000 (d) € 50,00,000 Scanned with CamScanner62. 63. 64. 65. 67. 68. K Ltd., furnished the following information : z Particulars Operating profit before tax (PBT) ~ 4.50.00 Provision for taxation 15,00,00 Income from extraordinary items 5,00,000 Dividends paid Oe Transters to general reserve 2,00,000 The profif transferred to balance sheet is 26,50,000 (b) ® 21,50,000 (c) & 16,50,000 (a) % 20,50,000 : R Ltd., fumished the following information for the year ended March 31, 2013 : Particulars . Income from Hardware services 4,00,00,000 Hardware development expenses 1,75,00,000 Selling and marketing expenses * 66,00,000 General and administrative expenses 45,00,000 Interest on investments 2,50,000 ‘The-operating profit of R Ltd., was % 1,14,00,000 (b) = 1,06,50,000 (c) & 1,11,50,000 (d) & 1,80,00,000 ‘The following balances were extracted from the books of account of D Ltd., for the year 2012-13: Particulars zg Operating expenses 5,40,000 / Provision for taxation 8,60,000 / Income from prior period items 2,25,000 Profit available for appropriation 9,99,000 The profit before tax is (a) = 7,74,000 (b) = 8,34,000 (c) % 8,59,000 _{d)%16,34,000 Consider the following account balances presented in no particular order: Cash . 750,000 Accounts Payable = 20,000 Loan Payable (due in 5 years) = 2,00,000 Accounts Receivable = 16,000 Trading Inventory % 80,000 Wages Payable 35,000 Income Taxes Payable _% 20,000 Marketable Securities = 15,000 Calculate the working capital. Ge 86,000 (b) 66,000 (c) % 6,000 (d) () &1,14,000 S Ltd. reported net sales of %3,00,000, % 3,30,000, and % 3,60,000 in the years, 2009, 201 0, and 2011, respectively. If 2009 is the base year, what is the trend percentage for 2011? (a) 77% (b) 108% Jat 20% (a) 130% : Total current liabilities are Z 10,000 in 2010, € 18,000 in 2011, and € 22,000 in 2012. What is the percentage increase from 2010 to 2012? (a) 22% (b) 80% Sr (@) Itcannot be computed from the data given ‘Assume the following cost of goods sold data for a company: 2012 15,00,000 2011 12,00,000 2010 9,00,000 Scanned with CamScanner69. If 2010 is the base year, what is the percentage increase in cost of JoodS Sold from 29,5 to 20122 (a) 166.70% 66.70% (c) 60.00% (d) 40% C Ltd. presented the following data: Current liabilities eee Long-term debt e480 Equity Share Capital T1, 640 Retained earnings zr 520 Total liabilities & shareholders’ equity = 2,000 2 How would Equity Share Capital appear on a common size balance sheet? (a) 75% (b) 55.10% 32% (d) Cannot be determined from the data given § Ltd., furnished the following information : Particulars z Fixed assets 6,00,000 Current assets 4,00,000 Current liabilities 3,00,000 The capital employed of S Ltd., was (a) = 10,00,000 (b) % 6,00,000 (c) & 5,00,000 (d)%-7,00,000 (e) € 13,00,000 . Scanned with CamScannerwe 4 following information ig ray lated to ‘ liabilities A Litd.: # cate ventory 8480 tak” ciosing inve F100 tan uront ratio ‘ 7 tors E Ee macttoan 8 lal © (ass we e td mS saimira there are no other current assets)? 25 lakh (8) 845 lakh {Ltd fumished the following information « & particulars ‘ ost of goods sold 600,005 Net Profit 3.00'000 Sales return 1,00,000 ie net profit ratio of Harika Ltd. was 256, then th (@) 55% ‘b) eae '@ GOSS profit ratio was (c) 40% ig Hi 45% .. fg, $d, furnished the following information: Particulars x sales 40,00,000 Gross profit 25,00,000 Dividends paid 4,00,000 Net profit 10,00,000 eeotd No Non-operating expenses, re of operating expenses to sales was LeS7.50% (d) 20.50% (e) 30.00% 71, PLtd., has furnished the following data for the year 2012-13 Cost of goods available for sale % 1,00,000 Total sales. % 80,000 Gross profit ratio on sales 25% Closing stock of goods as on March 31, 2013 was (a) 80,000 (b) 60,000 (¢) % 36,000 ABR 40,000 {e) 20,000 11. Consider the following data of a company Patticulars Net annual sales 18,25,000 Cost of sales 5,00,000 Average trade debtors ae editors ay The average collection period (assuming oe = (a) 60 days, 200 days (©) 150 days a 2 #) 100 days . * Following particulars belong to R Ltd: : x Patticulars _ 3,00,000 Opening balance of trade debtors 3,44,000 Closing balance of trade debtors 42,77,500 Net Sales, Scanned with CamScanner» SMT ‘Assuming a 365 days’ year, the average collection period was Ny | _faree days (b) 43 days, (c) 49 days (9) 39 days (e) 80 days 73, The following data is extracted from the books of S Ltd., for the year ended March 34, Creditors turnover ratio 30 times "2013 Average trade creditors 76,650 The average daily credit purchases of S Ltd., (assuming 365 days in a year) were fa¥® 6,300 (b) % 3,150 (c) & 3,500 (d) & 4,200 (e) € 2,800 74. R Ltd., fumished the following information for the year 2012-13 : Particulars z Opening balance of trade creditors 90,000 Closing balance of trade creditors 1,00,000 Wthe trade creditors turnover ratio is four times, the net annual credit purchases are AFF 3,80,000 (b) € 4,00,000 (c) % 3,60,000 (a) % 4,20,000 (e) 7,860,000 75. R Ltd., fumished the following information for the year 2012-13 : Particulars z Opening balance of trade creditors 1,80,000 Closing balance of trade creditors 2,00,000 Net credit annual purchases 7,30,000 The average payment period (assuming 365 days a year) for the year 2012-08 was {a) 100 days {by 95 days (c) 80 days (d) 55 days (e) 65 days 76. The dividend pay-out ratio of C Ltd., was 30%. If the net Profit available for distribution was % 1,20,000, then the dividends paid by the company were (a) % 64,000 Ady 36,000 (c) = 84,000 (d) = 10,000 (e) % 16,000 77. HLtd., has furnished the following data for the year ended March 31, 2013: Particulars = Sales 30,00,000. Average inventory 5,00,000 Gross profit 12,00,000 Inventory turnover ratio of H Ltd., for the year ended March 31, 2013 was {273.60 times (b) 6.00 times (c) 2.40 times (4) 1.67 times (e) 2.00 times 78. The gross profit and the administrative expenses of P Ltd., for 2011-12 were % 3,00,000 and® 2,00,000 respectively. In 2012-13 the gross profit increased by 20% and 2012-13 administrative expenses also was increased by 10%. If the sales during 2012-13 were & 8,00,000, the net profit ratio for the year SAY17.50% (b) 12.50% (c) 6.25% (4) 4.50% (e) 3.75% 79. Consider the following data regarding D Ltd.: Average payment period . 29.5 days Net annual credit purchases 2 13,32,250 Assuming a 365 days’ year, the average trade creditors are 1,07,675 () 45,161 (c) % 1,03,250 (d) % 3,02,250 (e) ® 2,95,000 Scanned with CamScanner80. i. The return on equity of 2 Ltg, preference dividends paid by th is 0, 6. The net income of the company is % 5,70,000. The (a) & 7,00,000 he company are ¥ 90,000. The average shareholders’ equity is (c) € 6,00,000 (b) % 6,058,000 8,00,000 (d) & 7,50,000 K Ltd., furnished the following int Particulars 9 Information : 9% Preference share capital z 12% Debentures 6,00,000 Equity Shareholder’s fund ne The capital gearing ratio of Kumar Ltd., was ae (a) 0.60 _-(Y0.40 £7 (c) 1.67 fainted 4 (e) 2.50 =~ S Ltd., has 90,000 equity shares of & 10 each fully paid. If ithad a profit after tax of 9,00,000 in the current year and paid % 3,60,000 by way of equity dividends, the Dividend Pay-out Ratio was (a) 51% (by 40% 2 (0) 14% . (d) 54% e/a (e) 55% 7 ~ S Ltd., provided the following information: iy Profit before tax %12,00,000 . Dividend per share 210 By S Number of outstanding equity shares 9,000 Tax rate 40% or The dividend pay-out ratio of Seizens Ltd., is (a) 15.00% (b) 16.67% AE} 12.50% (a) 20.00% Caf. '%& (e) 21.00% Scanned with CamScanner