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Kenya Kwanza ltd wants to determine its liquidity position in 5 years from closure of business in year 2 0 2 3 . The financial
Kenya Kwanza ltd wants to determine its liquidity position in years from closure of business in year The financial position as at December was: Balance sheet as at December, Fixed assets: Ksh Ksh Freehold premises Leasehold premises Plant and equipment Motor vehicles Current assets: Stocks Debtors Bank balance Capital & liabilities: Creditors Accrued expenses Ordinary share capital Reserves loan Additional information: The loan will mature before the end of the year period and will be duly settled. Sales for year amounted to ksh m and are expected to grow by per year in each of the five years from to Dividend payout ratio of is to be maintained. Profit after tax is to be maintained at of sales Except for the ordinary share capital and reserves, all the remaining balance sheet items are to maintain their current percentage of sales Required: Determine the Total Uses of funds as at December Question Answer A Ksh B Ksh C Ksh D Ksh
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