Case Study

Balance Sheet of XYZ Ltd as on 31Mar2015 and 31Mar201631.03.1531.03.1631.03.1531.03.16LiabilitiesRs in 000Rs in 000AssetsRs in 000Rs in 000Share Capital14401920Fixed Assets38404560Capital Reserve48Less: Depreciation11041392General Reserve81696027363168Profit & Loss Account288360Investments4803849% Debenture960672Cash210312Current Liabilities576624Other Current assets (including stock)11341272Proposed Dividend144174Preliminary Expenses9648Provision for Tax432408Unpaid Dividend184656518446565184Additional Information1. During the year 2015 2016, Fixed Assets with a book value of Rs 2,40,000 (accumulated depreciation Rs 84,000) was sold for Rs 1,20,0002. Provided Rs 4,20,000 as depreciation3. Some investments are sold at a profit of Rs 48,000 and the Profit was credited to Capital Reserve4. It was decided that stocks be valued at cost, whereas previously the practice was to value stock at cost less 10 percent. The stock was Rs 2,59,200 as on 31.03.2015. The stock as at 31.03.16 was correctly valued at Rs 3,60,0005. It was decided to write off Fixed Assets costing Rs 60,000 on which depreciation amounting to Rs 48,000 has been provided.6. Debentures are redeemed at Rs 105

Question 1 :Net Cash flow from Operating activities ........

Select one:

a.12,00,000

b.8,06,400

c.1,50,000

d.9,00,000

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Question2

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Marked out of 3.00

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Net Cash flow from Investing activities.............

Select one:

a.36,000

b.1,50,000

c.12,00,000

d.(7,56,000)

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Question3

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Marked out of 3.00

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Net Cashflow from Financing activities............

Select one:

a.51,600

b.1,50,000

c.4,20,000

d.8,79,600

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Question4

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Marked out of 3.00

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Fixed assets purchesed during the time period is ............

Select one:

a.11,00,500

b.10,20,000

c.12,00,000

d.9,00,000

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Question5

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Marked out of 3.00

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Cash received on Sale of Investment..............

Select one:

a.4,20,000

b.1,44,000

c.12,00,000

d.1,50,000