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please do 16 and 17 16. From the following balance sheet as on 31-12-93 and 31-12-92. Prepare A Cash Flow Statement. Balance sheet Liabilities 1993
please do 16 and 17
16. From the following balance sheet as on 31-12-93 and 31-12-92. Prepare A Cash Flow Statement. Balance sheet Liabilities 1993 1992 Assets 1992 1993 Share 150000 1,00,000 Fixed 1,50,000 1,00,000 capital assets Profit and 80,000 50,000 Goodwill 40,000 50,000 loss a/c General 40,000 30,000 Stock 80,000 30,000 reserve 6% 60,000 50,000 Debtors 80,000 50,000 debentures Creditors 40,000 30,000 Bills 20,000 30,000 receivable Outstanding 15,000 10,000 Bank 15,000 10,000 expenses Total 3,85,000 2,70,000 Total 3,85,000 2,70,000 17. PART C (1 20 = 20 marks) Compulsory Operations of Jayathi Co Lts. In 2001 disclosed a margin of safety ratio of 20% and a contribution margin ratio of 60%. (a) Calculate the net income for 2001 assuming the fixed costs to be (i) Rs.60,000 and (ii) Rs.24,000 (b) Present income statement to prove your answer to question (a)Step by Step Solution
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